Previously known as Calloway REIT, the name was changed after completion of a $1.16 billion deal to acquire the SmartCentres platform, which included the purchase of interests in a portfolio of 24 properties located principally in Ontario and Quebec. That deal made this one of Canada?s largest REITs, with total assets in excess of $8.6 billion. It owns and manages more than 31 million square feet. SmartREIT is also a joint-venture partner in Toronto and Montreal with Simon Property Group, one of the premier real estate companies in the U.S.
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