Choice Properties Real Estate Investment Trust
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Rael L. Diamond
- Full Time Employees
- 266
- Sector
- Real Estate
- Industry
- REIT - Retail
- Address
- 22 St. Clair Avenue East Toronto ON Canada M4T 2S5
- IPO Date
- Dec 27, 2013
- Website
- choicereit.ca
- Similar Companies
- Business
- Choice Properties Real Estate Investment Trust is a Canadian real estate investment trust primarily engaged in the ownership, development, and management of retail, industrial, and residential properties across Canada. The company’s core product offering includes a portfolio of necessity-based retail properties anchored by grocery stores and essential service tenants; industrial properties concentrated in key distribution markets; and mixed-use and residential rental assets primarily located in major urban Canadian markets. This diversified portfolio provides stable cash flows supported by long-term leases with tenants such as supermarkets and other retailers. Founded in 2012 and headquartered in Toronto, Ontario, Choice Properties operates a high-quality, national footprint consisting of approximately 756 properties encompassing 68 million square feet of gross leasable area. The REIT targets essential retail tenants, industrial logistics providers, and residential renters, with a focus on delivering stable and growing income through a blend of rental operations and ongoing development projects. Recent major developments include the acquisition of key industrial and retail properties, such as the $182.3 million purchase of a Loblaw distribution center in Ajax, Ontario, and the acquisition of eight industrial outdoor storage sites for $158 million. These acquisitions enhance its industrial and retail portfolios and further deepen its strategic alliance with Loblaw Companies Limited, its majority unitholder and anchor tenant. Choice Properties continues to strengthen its residential platform, having delivered the Mount Pleasant Village development with over 300 rental and 140 condominium units. The company also secured zoning approval for further residential development at 985 Woodbine Avenue, marking a continued expansion into multiuse and residential real estate segments. Operationally, Choice Properties reported strong leasing spreads and same-asset net operating income growth in both retail and industrial segments, with a continued focus on necessity-based tenants and logistics facilities. The company also announced a normal course issuer bid to repurchase up to approximately 10% of its public float of units during a 12-month period starting November 2025. Financial management includes active debt refinancing and maintaining significant liquidity to support its diversified growth strategy. Choice Properties' portfolio and strategy emphasize resilience and stable cash flow generation through a mix of essential retail properties, industrial assets, and growing residential developments, positioning it as a leading diversified REIT in the Canadian market.
Choice Properties Real Estate Investment Trust Schedules Second Quarter 2026 Results Release
Choice Properties Real Estate Investment Trust Declares Cash Distribution for the Month of June, 2026
Choice Properties Real Estate Investment Trust Declares Cash Distribution for the Month of May, 2026
Choice Properties Real Estate Investment Trust Announces Election of Trustees
Choice Properties Real Estate Investment Trust (CHP.UN:CA) Shareholder/Analyst Call Prepared Remarks Transcript
Choice Properties Real Estate Investment Trust (CHP.UN:CA) Q1 2026 Earnings Call Transcript
Choice Properties Real Estate Investment Trust Reports Results for the Three Months Ended March 31, 2026
Choice Properties Real Estate Investment Trust Declares Cash Distribution for the Month of April, 2026
Choice Properties Real Estate Investment Trust Declares Cash Distribution for the Month of March, 2026
Choice Properties Real Estate Investment Trust Schedules First Quarter 2026 Results Release and Annual Meeting of Unitholders
Choice Properties Real Estate Investment Trust (CHP.UN:CA) Q4 2025 Earnings Call Transcript
Choice Properties Real Estate Investment Trust Reports Strong Results for the Year Ended December 31, 2025, and Announces Distribution Increase
Choice Properties Real Estate Investment Trust Declares Cash Distribution for the Month of February, 2026
Canadian REIT Capital Offerings Up Over 23% In 2025
Choice Properties Real Estate Investment Trust Declares Cash Distribution for the Month of January, 2026
Choice Properties Real Estate Investment Trust Declares Cash Distribution for the Month of December, 2025
Choice Properties Real Estate Investment Trust Schedules Fourth Quarter 2025 Results Release
Choice Properties Real Estate Investment Trust Announces Normal Course Issuer Bid
Choice Properties Real Estate Investment Trust Declares Cash Distribution for the Month of November, 2025
Choice Properties Real Estate Investment Trust (CHP.UN:CA) Q3 2025 Earnings Call Transcript