Earnings
June 26, 2019 - CRR.UN
New! Crombie REIT - Q1-2019, Price Target Update .....
June 23, 2019 - PEGI
Pattern Energy Group - Q1-2019 Earnings & Price Target Update .....
June 21, 2019 - PL
Pinnacle Renewable Energy Inc. Q1-2019 Earnings, Price Target Forecast .....
June 20, 2019 - DIR.UN
Dream Industrial REIT - Q1-2019 Earnings, Price Target Update .....
June 19, 2019 - BTB.UN
BTB REIT - Q1-2019 Earnings, Price Target Update .....
June 18, 2019 - PPL
Pembina Pipeline Corp. Q1-2019 Earnings & Price Target Update .....
June 15, 2019 - NVU.UN
Northview Apartment REIT - Q1-2019 Earnings, Price Target Update .....
June 14, 2019 - APR.UN
Automotive Properties REIT - Q1-2019 Earnings, Price Target Update .....
Recommendation Changes
MFC, EIF, DR, FTS, CPX, more...

Choice Properties REIT - Q3-2018 Earnings & Price Target Update

This is only a sample of the article, please login to view the entire article

Choice Properties REIT is an owner, manager and developer of retail and commercial properties across Canada. Choice Properties is one of Canada's largest REITs with a portfolio of 751 properties valued at $15.6B at Sept-30-2018 with a total leasable area of 66.8M sq. ft. Choice Properties REIT merged with Canadian Real Estate Investment Trust effective May-4-2018 increasing the number of properties from 540 to 751 and total assets from $9.9B to $15.6B. Q3-2018 represents the first full quarter since the merger of Choice and CREIT. Approximately 72% of the portfolio's base rent for Q3-2018 was derived from large and medium urban markets. Approximately 57% of the portfolio's base rent was generated from large urban markets, with a particular concentration in Toronto, Calgary, Vancouver and Montreal. A key strategy is to adding tenants in complementary business sectors to retail sites anchored by Loblaw food and drug stores.

Choice Properties REIT was created in 2013 from the owned real estate of Loblaw Companies Ltd.(L) who were Choice Properties REIT's largest shareholder and primary tenant. The acquisition of CREIT during Q2-2018 added 209 properties and 22.7M sq. ft. of leasable area including multi-tenant retail, industrial, office and multi-family properties to the portfolio and increased the property concentration in major markets across Canada. The acquisition also expanded Choice Properties' operational and leasing capabilities, complementing the existing in-house development platform.

George Weston Acquires Loblaws Interest in Choice Properties

You must be a member to view the entire article, please subscribe or login


Login
Username
Password
New Issues & Acquisition
June 14, 2019
Coverage Universe - Weekly Price June 7-14, 2019
June 8, 2019
Coverage Universe - Weekly Price Change May 31 - June 7, 2019
June 4, 2019
Mullen Group Ltd, 5.75% Convertible Debenture New Issue
May 31, 2019
Coverage Universe - Weekly Price Change May 24-31, 2019
May 25, 2019
Coverage Universe - Weekly Price Change May 17-24, 2019
May 24, 2019
TD Bank 5.1% Rate Reset Preferred Share New Issue
May 17, 2019
Coverage Universe - Weekly Price Change May 10-17, 2019
May 11, 2019
Coverage Universe - Weekly Price June 7-14, 2019