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

Bullboard Posts

Comment by pmac2015on Feb 10, 2015 11:44am

78 Views

Post# 23414392

RE:Is this stock a good "core holding" ...?

I agree CHP is a great holding for a retirement portfolio. I'm not sure its possible to find a safer investment yielding 6% and the potential to grow the distribution over time. Don't be surpised if CHP raises its payout this year. With the property additions and the contracted rent increases the current payout is well below the companies target 90% of AFFO.

Bullboard Posts

The investment impact of the U.S. 25% tariff on Canadian imports