Choice Properties Real Estate Investment Trust T.CHP.UN

Alternate Symbol(s): PPRQF

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 across Canada. Its retail portfolio is primarily leased to grocery stores, pharmacies, and other necessity-based tenants. Its industrial portfolio is centered around large, purpose-built distribution facilities for Loblaw and generic industrial assets that accommodate the diverse needs of a range of tenants. Its industrial properties are in target distribution markets across Canada. Its residential properties include both newly developed purpose-built rental buildings and residential-focused mixed-use communities. It is the owner and manager of over 64 million square feet of gross leasable area.

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Choice Properties Real Estate Investment Trust > If you are here from RioCan...

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Comment by BlueGuitar1on Dec 17, 2020 1:14pm

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Post# 32129225

RE:RE:If you are here from RioCan...

materialsgirl wrote: 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

Thanks Materialsgirl. All the best to you and to your family.

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A junior copper-gold stock trading at a bargain of monumental proportions