Choice Properties REIT

Rank#2426

Market Cap7.69B

CountryCanada

Summary

Choice Properties, Canada's preeminent diversified real estate investment trust, is the owner, manager and developer of a high-quality portfolio comprising 725 properties totaling 66.1 million square feet of gross leasable area. Choice Properties owns a portfolio comprised of retail properties predominantly leased to necessity-based tenants; industrial, office and residential assets concentrated in attractive markets; and offers an impressive and substantial development pipeline. Choice Properties' strategic alliance with its principal tenant, Loblaw Companies Limited, the country's leading retailer, is a key competitive advantage providing long-term growth opportunities.

History

Choice Properties REIT, first established in 1950s, is one of the oldest and most successful real estate investment trusts in Canada. By 1978, Choice had become Canada's largest publicly traded REIT and has continued to grow ever since. Choice is owned by Brookfield Property Group, an industry-leading real estate investment company which helps to maximize the value of Choice's portfolio.

Mission

Choice Properties’ mission is to provide quality and affordable real estate solutions to our tenants, partners, and investors; with a commitment to sustainability, responsible development and strong stewardship of our assets and people.

Vision

Choice Properties’ vision is to be recognized as the top choice in Canadian real estate and to be the envy of our peers.

References

https://en.wikipedia.org/wiki/Choice_Properties_REIT

https://in.investing.com/equities/choice-properties-reit

https://finance.yahoo.com/quote/CHP-UN.TO/profile?p=CHP-UN.TO

https://www.crunchbase.com/organization/creit

https://companiesmarketcap.com/

https://www.choicereit.ca

Leadership team

Mr. Rael Lee Diamond CA (Pres & CEO)

Mr. Mario Barrafato (Chief Financial Officer)