Company
Choice Properties Real Estate Investment Trust
Headquarters: Toronto, ON, Canada
Founded: 2013
Employees: 298
CEO: Mr. Rael Lee Diamond CA
Market Cap
C$9.88 Billion
CAD as of Jan. 1, 2025
US$6.87 Billion
Choice Properties Real Estate Investment Trust Categories
Canada Real Estate REIT—RetailCanada Real Estate Canada REIT—Retail
Top Competitors by Market Capitalization
Industry: REIT—Retail
| Company | Market Cap (USD) |
|---|---|
| Simon Property Group, Inc. | $65.66 B |
| Realty Income Corporation | $47.38 B |
| Kimco Realty Corporation | $15.29 B |
| Regency Centers Corporation | $12.98 B |
| Scentre Group | $11.11 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Prologis, Inc. | $109.79 B |
| Equinix, Inc. (REIT) | $90.79 B |
| American Tower | $87.10 B |
| Welltower Inc. | $82.34 B |
| Simon Property Group, Inc. | $65.66 B |
Detailed Description
Choice Properties, Canada's preeminent diversified real estate investment trust, is the owner, manager and developer of a high-quality portfolio comprising 725 properties totaling 66.1 million square feet of gross leasable area. Choice Properties owns a portfolio comprised of retail properties predominantly leased to necessity-based tenants; industrial, office and residential assets concentrated in attractive markets; and offers an impressive and substantial development pipeline. Choice Properties' strategic alliance with its principal tenant, Loblaw Companies Limited, the country's leading retailer, is a key competitive advantage providing long-term growth opportunities.
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Financials
| Last Financial Reports Date | Sept. 30, 2024 |
| Revenue TTM | C$1.45 B |
| EBITDA | C$969.1 M |
| Gross Profit TTM | C$944.7 M |
| Profit Margin | -31.36% |
| Operating Margin | 68.76% |
| Quarterly Revenue Growth | 6.60% |
Stocks & Indices
Choice Properties Real Estate Investment Trust has the following listings and related stock indices.
Stock: TSX: CHP.UN wb_incandescent
Stock: OTC: PPRQF wb_incandescent
Key People
Rael L. Diamond (President and chief executive officer)