SmartCentres Q2 FY26 turns to net loss of $147 million; FFO per unit holds at $0.58

Reuters2026/08/06 22:04

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

SmartCentres reported a GAAP net loss of CAD 147 million for Q2 2026, swinging from a profit, on CAD 196.2 million fair value losses.
GAAP net operating income slipped 1% to CAD 139.9 million; FFO per unit was flat at CAD 0.58 while FFO with adjustments per unit fell to CAD 0.54.
In-place and committed occupancy rose 0.5 percentage points from Q1 to 98.1%, with 247,000 square feet leased; rent growth was 12% excluding anchors.
Same-property NOI rose 2.6% from a year earlier, or 4.4% excluding anchors; four of six vacated Toys “R” Us boxes are now leased.
Two Quebec self-storage projects partially opened; a 200,000-square-foot Canadian Tire flagship in Toronto is slated for delivery in Q4 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Smartcentres Real Estate Investment Trust published the original content used to generate this news brief via Business Wire (Ref. ID: 202608061700BIZWIRE_USPR_____20260806_BW528763) on August 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

SmartCentres Q2 FY26 turns to net loss of $147 million; FFO per unit holds at $0.58

You may also like

Crypto prices