Overview
Description
Choice Properties Real Estate Investment Trust is a Canadian-based real estate investment trust focused on owning, managing, and developing a diversified portfolio of retail, industrial, and commercial properties across Canada. As a real estate investment trust, its primary function is to generate stable, recurring income by acquiring and managing high-quality properties that deliver consistent rental revenue. Choice Properties operates a significant number of retail properties leased to large, reputable tenants, with many locations anchored by grocery stores, which provide a steady consumer base and traffic.
The trust's strategic focus on essential retail destinations positions it as a critical player in the retail and real estate sectors, and it benefits from the long-term leases of prominent tenants like Loblaw Companies Limited. In addition to retail, Choice Properties has expanded its portfolio to include industrial properties, fulfilling growing demand in logistics and e-commerce sectors. By combining stable retail locations with high-growth industrial assets, Choice Properties holds a robust position in the Canadian real estate market, aiming for sustainable growth and reliable returns for its unitholders.
About
CEO
Mr. Rael Lee Diamond C.A., CPA
Employees
285
Address
The Weston Centre
700-22 St. Clair Avenue East
Toronto, M4T 2S5, ON
Canada
700-22 St. Clair Avenue East
Toronto, M4T 2S5, ON
Canada
Phone
416 628 7771
Website
Instrument type
REIT
Sector
Real Estate
Industry
REIT - Retail
Country
Canada
MIC code
XTSE