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SmartCentres Real Estate Investment Trust (TSX:SRU.UN) Variable Rate Debt (USD Mil) : 0.00 (As of . 20)


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What is SmartCentres Real Estate Investment Trust Variable Rate Debt (USD Mil)?

In the railway industry, Variable Rate Debt (USD Mil) is a debt with an interest rate that fluctuates over time. It primarily consists of debt securities with nominal long-term maturities in which the interest rate is reset by a remarketing agent on a periodic basis.

The historical rank and industry rank for SmartCentres Real Estate Investment Trust's Variable Rate Debt (USD Mil) or its related term are showing as below:

SmartCentres Real Estate Investment Trust Variable Rate Debt (USD Mil) Historical Data

The historical data trend for SmartCentres Real Estate Investment Trust's Variable Rate Debt (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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SmartCentres Real Estate Investment Trust Variable Rate Debt (USD Mil) Chart


SmartCentres Real Estate Investment Trust  (TSX:SRU.UN) Variable Rate Debt (USD Mil) Explanation

Variable Rate Debt (USD Mil) is a debt with an interest rate that fluctuates over time. It primarily consists of debt securities with nominal long-term maturities in which the interest rate is reset by a remarketing agent on a periodic basis.

The variable interest rate fluctuates over time because it is based on an underlying benchmark interest rate or index that changes periodically with the market. So, variable interest debt is not as good as fixed-rate debt because the company cannot benefit from inflation. But in some conditions, a company might experience lower borrowing costs or reduce the impact of volatile investment earnings by issuing variable rate securities.

SmartCentres Real Estate Investment Trust Variable Rate Debt (USD Mil) Related Terms

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SmartCentres Real Estate Investment Trust (TSX:SRU.UN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » SmartCentres Real Estate Investment Trust (TSX:SRU.UN) » Definitions » Variable Rate Debt (USD Mil)
Comparable Companies
TSX:CHP.UN TSX:CRT.UN TSX:FCR.UN TSX:REI.UN TSX:PMZ.UN TSX:SGR.UN TSX:PLZ.UN TSX:FCD.UN SPG O KIM XPAR:URW HKSE:00823 REG ASX:SCG SGX:C38U FRT XPAR:LI NNN BRX
Traded in Other Exchanges
CWYUF:USA C7J1:Germany
Address
3200 Highway 7, Vaughan, ON, CAN, L4K 5Z5
Website
https://www.smartcentres.com
SmartCentres Real Estate Investment Trust is a Canadian fully integrated commercial and residential REIT, with approximately 174 strategically located properties in communities across the country. The company is developing complete, connected, mixed-use communities on its existing retail properties, under its wholly-owned residential sub-brand, SmartLiving. The Trust develops, leases, constructs, owns and manages shopping centres, office buildings, high-rise and low-rise condominiums and rental residences, seniors' housing, townhome units, self-storage rental facilities, and industrial facilities in Canada.

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