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.

TSX:CHP.UN - Post by User

Choice Properties Real Estate Investment Trust > Industrial segment

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Comment by materialsgirlon Feb 22, 2022 2:33pm

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Post# 34451163

RE:Industrial segment

My anticipation that Industrials would increase to 15% of company
NAV to 15% on December 31 2021 turned out to be spot-on

By 2025 with the addition of many new large buildings in the

GTA this share may rise to 20%. Apartments will rise to about 5%
but that will not happen until 2030.

By then, CHP.un will spin out the Industrial and Apartments into a new
REIT just like HR REIT is doing now as this may be the best way to
maximise the valuation.

mat

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