Choice Properties Real Estate Investment Trust (CHP-UN.TO)
Choice Properties Real Estate Investment Trust operates in the REIT - Retail industry of the Real Estate sector, headquartered in Toronto, ON, CA. The stock last traded at $15.61, up 1.36% on the session, giving a market capitalisation of $5.12B. Its beta of 0.78 implies it has historically moved less than the broad market.
Choice Properties stands as Canada's premier diversified real estate investment trust, diligently owning, managing, and developing a high-caliber portfolio. This impressive collection features 725 properties, collectively encompassing 66.1 million square feet of gross leasable area. Its holdings are diverse, including retail spaces predominantly leased to essential service providers, alongside industrial, office, and residential assets strategically concentrated in desirable markets. The trust also boasts a substantial and promising development pipeline. A key competitive strength for Choice Properties is its strategic alliance with Loblaw Companies Limited, the country's leading retailer and its primary tenant, which provides significant avenues for sustained long-term expansion.
Choice Properties Real Estate Investment Trust is most often compared with the following Real Estate names: