SmartCentres Real Estate Investment Trust Releases Second Quarter Results for 2021
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Maintained $1.85 per unit annualized distribution;
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Portfolio continues to provide recurring income with an occupancy rate of 97.1%;
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Non-retail pipeline reaches 55 million square feet across the network (inclusive of partners’ share);
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Average collection levels across the portfolio approximate 95% for the quarter;
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Approximately 70% of the 631 unit presold