Earnings
September 15, 2019 - NWH.UN
New! Northwest Heatlthcare Properties REIT - Q2-2019 Earnings, Price Target Upda .....
September 14, 2019 - SIA
New! Sienna Senior Living Inc. Q2-2019 Earnings, Price Target Update .....
September 13, 2019 - FCD.UN
Firm Capital Property Trust: Q2-2019 Earnings, Price Target Update .....
September 12, 2019 - SRT.UN
Slate Retail REIT - Q2-2019 Earnings, Price Target .....
September 10, 2019 - MRT.UN
Morguard REIT- Q2-2019 Earnings, Price Target Update .....
September 8, 2019 - CRT.UN
CT REIT Q2-2016 Earnings, Price Target Forecast .....
September 7, 2019 - CRR.UN
Crombie REIT - Q2-2019, Price Target Update .....
September 6, 2019 - CHP.UN
Choice Properties REIT - Q2-2019 Earnings, Price Target Update .....
Recommendation Changes
MRT.UN, CRT.UN, CHP.UN, REI.UN, CHR, more...

Choice Properties REIT - Q2-2019 Earnings, Price Target Update

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

Choice Properties is the owner, manager and developer of commercial retail, industrial, office and residential properties across Canada. The portfolio is comprised of 756 properties with a total leasable area of 68M sq. ft. as at Jun-30-2019. A total of $1.1B of development is planned of which $416M has been spent, $512M is in process and $210M more is planned. Total assets as of Jun-30-2019 are $15.7B and liabilities are $12.7B.

The pipeline of development opportunities includes: intensification of excess density within its existing retail portfolio, redevelopment of properties in key markets, greenfield developments in large markets, including retail and industrial projects, major mixed use development in urban markets and residential development.

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.

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


Login
Username
Password
New Issues & Acquisition
September 13, 2019
New! Coverage Universe - Weekly Price Change: Sept 6-13, 2019
September 10, 2019
New! Chemtrade Logistics Income Fund- 6.5% Convertible Debentures
September 6, 2019
Coverage Universe - Weekly Price Change: Aug 30-Sept 6, 2019
September 5, 2019
Innergex Renewable Energy Inc. 4.65% Convertible Debenture New Issue
August 30, 2019
Coverage Universe - Weekly Price Change Aug 23 - Aug 30, 2019
August 23, 2019
Coverage Universe - Weekly Price Change Aug 16 - Aug 23, 2019
August 17, 2019
Coverage Universe - Weekly Price Change Aug 9 - Aug 16, 2019
August 9, 2019
Coverage Universe - Weekly Price Change Aug 2 - Aug 9, 2019