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Bullboard - Stock Discussion Forum Choice Properties Real Estate Investment Trust PPRQF


Primary Symbol: T.CHP.UN

Choice Properties Real Estate Investment Trust is a real estate investment trust that creates value through the ownership, operation, and development of commercial and residential properties. The Company’s portfolio is comprised of retail properties primarily leased to necessity-based tenants. It also owns a portfolio of industrial, mixed-use, and residential assets concentrated in markets... see more

TSX:CHP.UN - Post Discussion

Choice Properties Real Estate Investment Trust > If you are here from RioCan...
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Post by BlueGuitar1 on Dec 13, 2020 11:00pm

If you are here from RioCan...

Consider Choice.  Same yield.  62% payout ratio.  Anchored by Food and Shoppers Drug Marts mainly.  And $4 per unit less.  With Covid, this is a safer place to be.  imo.
Comment by materialsgirl on Dec 16, 2020 7:40pm
CHP.un is entirely different but it is a good one. It has a massive captive tenant (60%?) Loblaws/Shoppers with 1.5% rent escalators It has a large Industial property component. Like Riocan, it is focussed on using land to develop additional properties.  Like Riocan it will have 10,000  multi-res rental apartments within 8 years. They are each great choices.  Pardon the pun. mat
Comment by BlueGuitar1 on Dec 17, 2020 1:14pm
Thanks Materialsgirl.  All the best to you and to your family.
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