SmartCentres Real Estate Investment Trust is a leading Canadian real estate investment trust that specializes in the ownership, development and management of retail-focused properties. The trust’s portfolio is anchored by long-term leases with major national and international tenants, including discount retailers, grocery chains and service providers. SmartCentres REIT’s retail centres are typically located in high-traffic, transit-oriented neighbourhoods, offering convenience and value to consumers while generating stable, inflation-protected rental income for unitholders.
Beyond its core retail holdings, SmartCentres REIT has expanded its platform to include mixed-use developments, residential rental communities and industrial properties. The trust leverages its extensive land bank and development expertise to create master-planned communities that integrate commercial, residential and recreational components. Signature projects include multi-phase urban developments adjacent to major transit hubs, where the trust combines retail podiums with mid-rise rental towers and public amenity spaces to foster sustainable, walkable neighbourhoods.
SmartCentres REIT traces its origins to the early 1990s, when the founding team began acquiring and developing neighbourhood shopping centres in Ontario. The trust was established to provide investors with access to a diversified portfolio of retail assets under professional management, and it completed its initial public offering in 2010. Since then, SmartCentres has pursued a disciplined growth strategy, acquiring high-quality properties across Canada and executing on value-add redevelopment initiatives in key urban markets. The trust’s development pipeline continues to deliver new income streams while enhancing portfolio quality and diversification.
The trust is managed by SmartCentres Management Limited, a dedicated team of industry professionals responsible for asset management, leasing, financing and development. The board is chaired by Mitchell S. Goldhar, the founder of the SmartCentres platform, and benefits from his extensive experience in real estate investment and development. Headquartered in Vaughan, Ontario, SmartCentres REIT serves markets across Canada, with a focus on creating vibrant, accessible retail destinations that meet evolving consumer needs.
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