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Subject: v

SmartCentres Declares Distribution for August 2023


TORONTO, Aug. 18, 2023 (GLOBE NEWSWIRE) -- SmartCentres Real Estate Investment Trust ("SmartCentres") (TSX: SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of August 2023 of $0.15417 per unit, representing $1.85 per unit on an annualized basis. The distribution will be payable on September 15, 2023 to unitholders of record as at August 31, 2023.

About SmartCentres

SmartCentres Real Estate Investment Trust is one of Canada's largest fully integrated REITs, with a best-in-class and growing mixed-use portfolio featuring 189 strategically located properties in communities across the country. SmartCentres has approximately $11.8 billion in assets and owns 34.9 million square feet of income producing value-oriented retail and first-class office properties with 98.2% in place and committed occupancy, on 3,500 acres of owned land across Canada.

For more information, visit www.smartcentres.com or please contact:

Mitchell GoldharPeter Slan
Executive Chairman and CEOChief Financial Officer
(905) 326-6400 ext. 7674(905) 326-6400 ext. 7571
[email protected][email protected]


                                        
                        
                                
                        



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