SmartCentres Real Estate Investment Trust announced that it has redeemed a total of $300 million aggregate principal amount of senior unsecured debentures representing $150 million aggregate principal amount of 3.73% Series M senior unsecured debentures due July 22, 2022 and $150 million aggregate principal amount of 2.876% Series Q senior unsecured debentures due March 21, 2022, constituting all of the Series M Debentures and all of the Series Q Debentures outstanding immediately prior to such redemption, in accordance with their terms as previously announced. The Series M Debentures were redeemed at a total redemption price of $1,046.86 plus accrued and unpaid interest of $17.679178, both per $1,000 principal amount. The Series Q Debentures were redeemed at a total redemption price of $1,027.03 plus accrued and unpaid interest of $8.824986, both per $1,000 principal amount.