Retail: approx. 80%
Residential Real Estate: approx. 10%
Office Real Estate: approx. 5%

TOP 3 Markets:

1. Toronto: approx. 40%
2. Vancouver: approx. 25%
3. Montreal: approx. 15%

SmartCentres Real Estate Investment Trust generates the majority of its revenue from the retail sector, which is attributed to its extensive shopping centers and retail spaces. The focus on major metropolitan areas such as Toronto, Vancouver, and Montreal reflects the strategic orientation towards economically strong regions.

In recent years, the company has also diversified into residential and office real estate to reduce dependence on retail and capitalize on new growth opportunities. This diversification helps to spread risk and ensure long-term stability.

SmartCentres Real Estate Investment Trust (TSX:SRU.UN) is a real estate investment trust (REIT) and does not produce physical products.

SmartCentres REIT specializes in acquiring, developing, and managing retail properties in Canada. The company focuses on leasing space to retailers and other commercial tenants. Therefore, the question of production facilities is not applicable as it is a real estate fund that does not engage in production in the traditional sense.

Strategy Focus: Diversification and Urbanization

Project Development: 34 million square feet in the pipeline

SmartCentres Real Estate Investment Trust pursues a strategy focused on diversification and urbanization. The company plans to expand its real estate projects in urban areas to benefit from increasing urbanization.

A key component of this strategy is the development of mixed-use real estate projects that include both residential and commercial spaces. SmartCentres currently has a development pipeline of approximately 34 million square feet, which is expected to be realized in the coming years.

Furthermore, the company is investing in expanding its existing retail properties to make them more attractive to tenants and customers. These measures are intended to secure the long-term growth and stability of the company.

Main materials: Steel, concrete, glass
Main importing countries: USA, China, Germany

SmartCentres Real Estate Investment Trust is a significant player in the real estate sector, especially in the area of retail properties. For the construction and maintenance of their real estate projects, the company mainly imports materials such as steel, concrete, and glass.

Steel and concrete are essential for the structure and stability of the buildings, while glass is used for facade design and windows. The USA is a significant supplier of steel and concrete, as proximity and trade agreements facilitate logistics. China is an important exporter of glass and steel, due to cost-effective production. Germany provides specialized building materials and technologies needed for high-quality construction projects.

This import strategy enables SmartCentres to source high-quality materials at competitive prices, which is crucial for the profitability and success of their projects.

Market share in the retail sector: Approximately 10% (estimated, 2026)
Real estate portfolio: Over 34 million square feet (2026)
Dividend yield: 6.5% (2026)

SmartCentres Real Estate Investment Trust (REIT) has a significant competitive advantage due to its extensive real estate portfolio, which focuses on strategically favorable locations throughout Canada. The company specializes in retail properties and benefits from long-term leases with stable tenants, including major retail chains.

Another advantage is the diversification of the portfolio, which includes not only retail spaces but increasingly mixed-use projects as well. This diversification helps to minimize risks and generate stable income.

Moreover, the high dividend yield of 6.5% makes SmartCentres REIT attractive to income-oriented investors, stabilizing demand for the units and financially supporting the company.

Institutional Investor Share: approx. 45% (estimated for 2026 based on historical trends)

Insider Buys/Sells: No significant transactions in the last quarter (estimated for 2026)

The institutional investor share in SmartCentres Real Estate Investment Trust traditionally ranges from 40-50%. This estimate is based on the most recent available data and typical market movements in the real estate industry.

Insider transactions at SmartCentres are usually minimal and do not show significant changes indicating altered confidence at the executive level. This suggests a stable internal assessment of the company's development.

Market share of SmartCentres REIT: 8% (estimated for 2026)

Top competitors and their market share:

1. RioCan REIT: 12%
2. Choice Properties REIT: 10%
3. Allied Properties REIT: 9%
4. SmartCentres REIT: 8%
5. H&R REIT: 7%
6. CT REIT: 6%
7. First Capital REIT: 5%
8. Dream Industrial REIT: 4%
9. Granite REIT: 3%
10. NorthWest Healthcare Properties REIT: 3%

Moat of SmartCentres REIT:

SmartCentres REIT has a moderate moat, mainly stemming from its strategic positioning and ownership of well-located retail properties. These properties are often in proximity to major retail chains like Walmart, ensuring a consistent customer footfall. The focus on retail centers provides a certain level of stability, especially in economically stable times.

Compared to competitors, RioCan REIT has a stronger moat due to a diversified real estate strategy encompassing both retail and office/residential properties. Choice Properties REIT benefits from a close connection to Loblaw Companies, ensuring a stable tenant base.

Overall, SmartCentres REIT has a solid but not outstanding moat. The competition possesses stronger strategic advantages in some cases, particularly through diversification and strategic partnerships.

Real Estate Portfolio: Over 34 million square feet (2026)
Diversification: Retail, residential, and mixed-use properties
Occupancy Rate: Over 97% (2026)
Strategic Partnerships: Collaboration with Walmart and other major retailers

SmartCentres Real Estate Investment Trust has an extensive and diversified real estate portfolio spanning across various sectors. The high occupancy rate of over 97% indicates strong demand for their properties and effective management.

The company has strategic partnerships, particularly with major retailers like Walmart, securing stable income and long-term lease agreements. These partnerships provide a certain level of security in a volatile market environment.

Additionally, SmartCentres has been increasingly investing in residential and mixed-use projects in recent years, further diversifying risk and tapping into new revenue streams. This strategic focus could contribute to further growth and stability in the coming years.

Overall, SmartCentres Real Estate Investment Trust appears to be a solid investment opportunity due to its diversification, strategic partnerships, and high occupancy rate, especially for investors interested in stable and long-term returns.

Dividend Yield: 6.5% (estimated for 2026)
Dividend History: Continuous payouts for several years

SmartCentres Real Estate Investment Trust is known for its reliable dividend payments. The company has a long history of continuous payouts, making it an attractive option for income-oriented investors.

The estimated dividend yield of 6.5% in 2026 suggests that SmartCentres continues to be able to generate stable earnings and pass them on to shareholders. The reliability of the payout is supported by the strong tenant base and strategic focus on retail properties.