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SmartCentres Pays $513 Million for Majority Stake in 53 Acres North of Toronto

Toronto-based REIT CEO Calls Development Tract 'a Unique Situation'
 The KPMG Tower at the Vaughan Metropolitan Centre. (CoStar)
The KPMG Tower at the Vaughan Metropolitan Centre. (CoStar)
CoStar News
December 2, 2021 | 12:14 AM

SmartCentres Real Estate Investment Trust is spending $513 million to acquire a two-thirds interest in 53 acres north of Toronto known as the Smart VMC.

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