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SmartCentres REIT (TSX:SRU.UN) announces CFO transition

Real Estate
TSX:SRU.UN
02 September 2022 13:15 (EDT)

Source: SmartCentres REIT

SmartCentres REIT has announced that its Chief Financial Officer, Peter Sweeney, will be leaving SmartCentres (SRU.UN).

Mr. Sweeney will maintain his responsibilities until a successor is in place.

Perter Sweeney had this to say about his time with SmartCentres.

“I am extremely proud to have been a participant in the extraordinary growth and transformational change that we have made with the support of all stakeholders, and I am confident that SmartCentres’ strong foundation will permit the team to continue to find new and meaningful ways to grow for the future.”

Mitchell Goldhar, Executive Chairman of the Board and CEO, added,

“Peter’s 7 1/2 years of dedicated service to SmartCentres is greatly appreciated and I wish him well in his future endeavors.” 

SmartCentres Real Estate Investment Trust is one of Canada’s largest fully integrated REITs, with a portfolio featuring 174 properties across the country. SmartCentres has approximately $11.7 billion in assets and owns 34.7 million square feet of income producing value-oriented retail and office space with an occupancy of 97.2 per cent.

SmartCentres Real Estate Investment Trust (SRU.UN) is up 0.54 per cent on the day, trading at C$27.81 per share at 1 pm ET.


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