Almost all of its malls have Walmart as a tenant;[1] SmartCentre's logo features a family of penguins with shopping bags.

It is listed on the Toronto Stock Exchange (symbol SRU.UN), with a market capitalization of about $4.74 billion as of February 2019.

SmartCentres has been involved in a number of controversial developments, often because of its close association with Walmart.

In the late 2000s, there was considerable opposition to a SmartCentres plan to build a power centre in eastern Toronto.

In 2009, its shopping mall in Salmon Arm, British Columbia was delayed because of environmental concerns.

SmartCentres properties are generally suburban power centres, with Walmart as a lead tenant.

[9] For instance, SmartCentres is one of the main developers of the Vaughan Metropolitan Centre, a planned central business district for Vaughan, Ontario, a Toronto suburb, where a bus terminal serving a subway station is named after the company, who contributed funding to its construction.