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    REIT - Retail
Choice Properties Real Estate Investment Trust

Choice Properties Real Estate Investment Trust

PPRQF
Choice Properties Real Estate Investment TrustUS flagOther OTC
11.33
USD
- -
- -
3.72BMarket Cap
Choice Properties Real Estate Investment Trust
PPRQF
(Other OTC)

Recent

price

11.33

P/E

ratio

- -

div

yld

- -

ROIC.AI

2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.88
1.79
1.85
1.92
2.02
1.97
1.87
1.8
1.79
1.75
1.84
1.89
1.95
1.47
Revenue per Share
0.18
0.52
-0.39
-0.55
0.98
1.12
-0.84
0.64
0.03
1.03
1.1
1.08
-0.08
-0.41
Basic EPS, GAAP
0.72
1.23
1.31
1.3
1.22
0.7
0.84
0.88
0.93
0.92
0.89
1
0.96
0.72
Free Cash Flow per Basic Share
0.06
0.3
0.57
0.6
0.64
1.06
0.57
0.81
0.64
0.5
0.34
0.34
0.35
0.26
Dividend per Share
10.69
11.31
11.74
12.37
13.28
14.46
13.35
13.59
14.53
15.32
15.97
16.72
17.43
17.61
Book Value per Share
10.62
11.1
11.4
11.88
12.63
13.68
12.33
12.22
12.85
13.33
13.65
14.05
14.42
14.51
Tangible Book Value per Share
364
382
402
409
411
582
689
708
723
723
724
724
724
724
Basic Weighted Avg Shares
319
683
743
784
831
1,148
1,289
1,271
1,292
1,265
1,335
1,369
1,415
1,066
Sales/Revenue/Turnover
70.97
71.26
71.1
70.64
71.86
69.57
68.15
66.19
67.44
67.36
65.89
66.43
67.21
66.74
Operating Margin (%)
- -
- -
1
1
1
- -
- -
1
1
1
1
1
1
1
Depreciation Expense
67
200
-155
-223
404
650
-581
451
23
744
797
784
-61
-295
Net Income, GAAP
- -
- -
- -
- -
- -
0.08
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
21.08
29.23
-20.9
-28.47
48.69
56.57
-45.12
35.47
1.78
58.85
59.69
57.28
-4.33
-27.64
Profit Margin (%)
-149
-142
-417
-364
-744
-675
-784
-372
-705
-542
-716
-520
-421
-419
Working Capital
3,286
3,556
3,579
3,899
3,648
6,681
5,825
6,158
5,712
5,896
5,731
6,002
6,298
6,313
LT Debt
3,860
4,246
4,585
4,860
5,197
7,992
8,522
8,672
9,322
9,666
9,890
10,184
10,446
10,514
Total Equity
- -
6.47
- -
- -
6.47
6.47
- -
- -
- -
- -
5.36
- -
- -
- -
Return on Invested Capital (%)
- -
7.67
- -
- -
8.43
9.48
- -
- -
- -
- -
7.57
- -
- -
- -
Return on Capital (%)
- -
4.86
-3.43
-4.56
7.69
9.36
-6.6
4.79
0.23
6.89
7.04
6.63
-0.49
-2.36
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
507
504
LT Borrowings
- -
6,298
6,313
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
724
724
Market Capitalization
10,656
10,705
11,286

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
741
475
Cash, Cash Equivalents & STI
- -
71
35
Accounts Receivable, Net
- -
85
99
Inventories
- -
2
2
Total Current Liabilities
- -
1,162
894
Payables & Accruals
- -
655
390
ST Debt
- -
507
504
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.42%
3.81%
2.58%
Free Cash Flow
3.89%
2.56%
-3.73%
Net Income, GAAP
239.36%
587.52%
-107.8%
Sales/Revenue/Turnover
7.15%
2.2%
3.3%
Total Cash Common Dividend
8.83%
-14.08%
1.25%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
349
335
340
345
1,369
2025
347
351
- -
354
1,415
2026
361
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.2
0.71
-0.92
- -
1.08
2025
-0.13
-0.21
- -
- -
-0.08
2026
-0.12
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.08
0.09
0.09
- -
0.34
2025
0.09
0.09
- -
- -
0.35
2026
0.09
- -
- -
- -
- -
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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.

Company News

APIChatGPT

  • businesswire.com

    Choice Properties Real Estate Investment Trust Schedules Second Quarter 2026 Results Release

  • businesswire.com

    Choice Properties Real Estate Investment Trust Declares Cash Distribution for the Month of June, 2026

  • businesswire.com

    Choice Properties Real Estate Investment Trust Declares Cash Distribution for the Month of May, 2026

  • businesswire.com

    Choice Properties Real Estate Investment Trust Announces Election of Trustees

  • seekingalpha.com

    Choice Properties Real Estate Investment Trust (CHP.UN:CA) Shareholder/Analyst Call Prepared Remarks Transcript

  • seekingalpha.com

    Choice Properties Real Estate Investment Trust (CHP.UN:CA) Q1 2026 Earnings Call Transcript

  • businesswire.com

    Choice Properties Real Estate Investment Trust Reports Results for the Three Months Ended March 31, 2026

  • businesswire.com

    Choice Properties Real Estate Investment Trust Declares Cash Distribution for the Month of April, 2026

  • businesswire.com

    Choice Properties Real Estate Investment Trust Declares Cash Distribution for the Month of March, 2026

  • businesswire.com

    Choice Properties Real Estate Investment Trust Schedules First Quarter 2026 Results Release and Annual Meeting of Unitholders

  • seekingalpha.com

    Choice Properties Real Estate Investment Trust (CHP.UN:CA) Q4 2025 Earnings Call Transcript

  • businesswire.com

    Choice Properties Real Estate Investment Trust Reports Strong Results for the Year Ended December 31, 2025, and Announces Distribution Increase

  • businesswire.com

    Choice Properties Real Estate Investment Trust Declares Cash Distribution for the Month of February, 2026

  • seekingalpha.com

    Canadian REIT Capital Offerings Up Over 23% In 2025

  • businesswire.com

    Choice Properties Real Estate Investment Trust Declares Cash Distribution for the Month of January, 2026

  • businesswire.com

    Choice Properties Real Estate Investment Trust Declares Cash Distribution for the Month of December, 2025

  • businesswire.com

    Choice Properties Real Estate Investment Trust Schedules Fourth Quarter 2025 Results Release

  • businesswire.com

    Choice Properties Real Estate Investment Trust Announces Normal Course Issuer Bid

  • businesswire.com

    Choice Properties Real Estate Investment Trust Declares Cash Distribution for the Month of November, 2025

  • seekingalpha.com

    Choice Properties Real Estate Investment Trust (CHP.UN:CA) Q3 2025 Earnings Call Transcript