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Billionaire Walmart Developer Calls Out Strategy of Only Investing in Big Cities

SmartCentres REIT Executive Chairman Reminds Real Estate Conference US Retailer Got Its Start in Small Markets
Mitch Goldhar, executive chairman of SmartCentres Real Estate Investment Trust, told an audience this week about the value of investing in small markets at a real estate conference at the Fairmont Royal York hotel in downtown Toronto. Photo: Tony Hisgett via Flickr
Mitch Goldhar, executive chairman of SmartCentres Real Estate Investment Trust, told an audience this week about the value of investing in small markets at a real estate conference at the Fairmont Royal York hotel in downtown Toronto. Photo: Tony Hisgett via Flickr
CoStar News
April 12, 2019 | 3:40 P.M.

Do you know who is not buying into the idea about only investing in Canada's largest cities? The man who brought Walmart to Canada and became a billionaire in the process.

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