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Choice Properties Real Estate Investment Trust T.CHP.UN

Alternate Symbol(s):  PPRQF

Choice Properties Real Estate Investment Trust is an open-ended mutual fund trust. The Company operates as a premier diversified real estate investment trust, which is the owner, manager and developer of a portfolio of commercial retail, industrial, mixed-use and residential properties across Canada. Its retail portfolio is primarily leased to grocery stores, pharmacies, and other necessity-based tenants. Its industrial portfolio is centered on large, purpose-built distribution facilities for Loblaw and generic industrial assets that accommodate the diverse needs of a range of tenants. The Company operates over 700 income producing properties having 60 million square feet of gross leasable area.


TSX:CHP.UN - Post by User

Post by materialsgirlon Feb 09, 2021 12:27pm
316 Views
Post# 32513734

I just bought CHP.un @ $12.85 a few minutes ago

I just bought CHP.un @ $12.85 a few minutes agoI intend to hold for a decade or more

The distribution is 74 cents or 5.75% for now.

I expect that the payout will rise by 2% or 3% every year
forever.

I wavered on whether to choose this option or CRT.un
@ $15.60

Development of properties on free land will be a big driver.

Just for fun, I will check the relative performance of each 
over the next year.
I am guessing that the CHP.un hot Industrial segment will inch out 
CRT.un.

The odds of winning are about 51% to 49%

mat
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