I originally came across SmartCentres reading a Globe and Mail article (it's paywalled) in which Chairman Mitch Goldhar said of his stock (of which he owns over $400 million at current prices) that it was discounting 50% of the company's real estate "going away forever". Goldhar has been buying stock aggressively, and insiders buying always piques my interest.
SmartCentres and Goldhar
SmartCentres was created when Mitch Goldhar worked with Walmart to bring their concept to Canada in the late 1980s. SmartCentres owned the Walmart-anchored real estate, and even today, 25% of the company's rent