KPMG Tower - GFL

SmartREIT and Mitchell Goldhar announce GFL Environmental Corporate Head Office (“GFL”) as a New 65,000 square foot Tenant in its Class-A office tower at Vaughan Metropolitan Centre (“VMC”)

Toronto, Ontario (December 15, 2016) – Smart Real Estate Investment Trust (TSX: SRU.UN) and Mitchell Goldhar today announced that they have completed a 65,000 square foot, 11 year plus two 5 year extensions lease transaction with GFL in the KPMG Tower at SmartCentres Place in Vaughan. The recently opened 360,000 square foot KPMG Tower has direct access to the VMC subway station, which connects to downtown Toronto and is scheduled to be operational in December, 2017. GFL’s office, expected to open in Q4 2017, will span three full floors and represent the tenant’s new Corporate Head Office.

“We are very pleased to have this forward thinking company, a leader in its industry, join the prestigious group of tenants at SmartCentres Place,”said Mr. Goldhar, Chairman of the Board of SmartREIT. “GFL’s CEO Patrick Dovigi is a Made in Canada business person combining vision and a very strong work ethic,”Goldhar added.

“We are very excited to be part of this emerging urban downtown centre as we consolidate our businesses at this Class-A office tower. Direct access to the subway for our employees and customers and the quality of the building were key factors in deciding to locate at SmartCentres Place,”said Patrick Dovigi, Founder & CEO of GFL.

“GFL joins KPMG, PWC and Harley Davidson as key initial tenants in the largest urban mixed-use development in Canada,”said Huw Thomas, Chief Executive Officer of SmartREIT. “We expect further announcements soon as leases are being finalized with other tenants,” added Thomas.

For more information, please contact:

Huw Thomas
Chief Executive Officer
Smart Real Estate Investment Trust
(905) 326-6400 ext. 7649

Peter Sweeney
Chief Financial Officer
Smart Real Estate Investment Trust
(905) 326 6400 ext. 7865

Mitchell Goldhar
Chairman of the Board
Smart Real Estate Investment Trust
(905) 326-6400 ext. 7674

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