Press Release

DBRS Notes Calloway REIT Name Change

Real Estate
August 18, 2015

DBRS Limited (DBRS) today notes that Calloway Real Estate Investment Trust has changed its legal name to Smart Real Estate Investment Trust (SmartREIT).

The name change follows SmartREIT’s announcement to acquire substantially all of SmartCentres’ assets (see DBRS press release dated April 16, 2015).

The name change will have no impact on the existing Senior Unsecured Debenture rating.

For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.

ALL MORNINGSTAR DBRS RATINGS ARE SUBJECT TO DISCLAIMERS AND CERTAIN LIMITATIONS. PLEASE READ THESE DISCLAIMERS AND LIMITATIONS AND ADDITIONAL INFORMATION REGARDING MORNINGSTAR DBRS RATINGS, INCLUDING DEFINITIONS, POLICIES, RATING SCALES AND METHODOLOGIES.