August 29, 2014 11:10 PM ET

Real Estate Management and Development

Company Overview of SmartCentres Inc.

Company Overview

SmartCentres Inc. develops and operates shopping centers in Canada. SmartCentres Inc. was formerly known as First Pro Shopping Centres, Inc. and changed its name to SmartCentres Inc. in May 2006. The company was founded in 1994 and is based in Vaughan, Canada with additional offices in Ottawa, Montreal, and Richmond, Canada.

700 Applewood Crescent

Suite 100

Vaughan, ON L4K 5X3

Canada

Founded in 1994

Phone:

905-760-6200

Fax:

905-760-6220

Key Executives for SmartCentres Inc.

Chief Executive Officer and President
Age: 52
Chief Operating Officer
Age: 59
Chief Development Officer
Age: 62
Vice President of Corporate Affairs
Compensation as of Fiscal Year 2014.

SmartCentres Inc. Key Developments

Simon Property Group, Inc., SmartCentres and Calloway REIT Break Ground on Premium Outlets Montreal

Simon Property Group, Inc., SmartCentres and Calloway REIT hosted a ground-breaking to begin the construction of Premium Outlets(TM) Montreal, the second Premium Outlet Center in Canada. The first phase of Premium Outlets(TM) Montreal will open in the fall of 2014 and will feature more than 80 upscale stores within the planned 366,000 square foot (34,002.5 square metre) centre. Premium Outlets(TM) Montreal will offer a who's who of top designers and brands including: Polo Ralph Lauren, Michael Kors, Max Mara, Aldo, DKNY, Sarah Pachini, Rudsak, Nike, Reebok, Rockport, Fossil, Watch Station, Presse Cafe, Sunglass Hut, Tommy Hilfiger,Calvin Klein, Crabtree & Evelyn, Lindt Chocolate and many more. The Montreal centre will be located in Mirabel, Quebec off Highway 15 at exit 28 on the corner of Chemin Notre-Dame and Boulevard de Versailles. The single level, village-style development will have a contemporary, sophisticated design for an upscale shopping atmosphere. While pedestrian courtyards are outdoors, the centre design includes features that provide year-round shopping comfort. Premium Outlets(TM) Montreal will be marketed as a shopping destination for area and regional residents and a year-round attraction for area visitors including tour groups.

Calloway REIT Announces Joint Venture with SmartCentres, Inc

Calloway REIT announced a 50/50 joint venture with SmartCentres, Inc. to develop a vast tract of land (53 acres) within the Vaughan Metropolitan Centre. The Calloway VMC lands are strategically located adjacent to the terminus of the Spadina-York subway station in Vaughan and will be home to almost 6 million square feet of commercial, residential and retail development. Construction of the first building will begin in 2013. The first building to be constructed under the Calloway JV will be a Diamond & Schmitt Architects designed 300,000 square foot office tower with KPMG as the lead tenant. Construction is scheduled to begin in 2013 with completion in 2015. When complete, the 1,200 people who will work in the KPMG Tower will have direct connections to both the subway station and the regional bus terminal by an underground pedestrian tunnel. Plans for the Calloway JV also include a major central park, civic square, and other associated uses supporting such urban city centres.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 17, 2014
Edmonton Property and Lachenaie Property
Merger/Acquisition
July 16, 2014
Two Ontario Properties
Merger/Acquisition
September 5, 2013
Walmart SuperCentre Anchored Property in Ottawa
 

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