SmartCentres Real Estate Investment Trust is a Canadian real estate investment trust, based in Vaughan, Ontario. It specializes in retail real estate, especially power centres.
Almost all of its malls have Walmart as a tenant; SmartCentre’s logo features a family of penguins with shopping bags.
SmartCentres cobranded Penguin Pickup with Walmart at a lot of the SmartCentres locations, to merge Bricks & Mortar and e-commerce.
It is listed on the Toronto Stock Exchange (symbol SRU.UN), with a market capitalization of about $4.74 billion as of February 2019.
Traded as: TSX: SRU.UN; S&P/TSX Composite Component
Industry: Real estate
Founded: 1994
Founder: Mitchell Goldhar
Headquarters: Vaughan, Ontario, Canada
Website: http://www.smartcentres.com