SmartCentres Real Estate Investment Trust

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

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