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Choice Properties REIT information


Choice Properties Real Estate Investment Trust
Company typePublic subsidiary
Traded as
TSX: CHP.UN
IndustryReal estate investment trust
Founded2013; 11 years ago (2013)
Headquarters
Toronto, Ontario
,
Canada
Key people
Rael L. Diamond (president and CEO)
ParentLoblaw Companies
Websitechoicereit.ca

Choice Properties Real Estate Investment Trust, commonly referred to as Choice Properties, is a Canadian unincorporated, open-ended real estate investment trust (REIT) based in Toronto, Ontario. It is the largest real estate investment trust in Canada, with an enterprise value of $16 billion.[1] It mainly owns Canadian retail properties anchored by its major tenant and majority unit holder, Loblaw Companies, Canada's largest food retailer, which is controlled by the Weston family.[2] It is listed on the Toronto Stock Exchange.

  1. ^ Cite error: The named reference :2 was invoked but never defined (see the help page).
  2. ^ Paddon, David (2018-02-15). "Weston family's Choice Properties to buy Canadian REIT in $3.9-billion deal". The Toronto Star. ISSN 0319-0781. Archived from the original on 2018-03-12. Retrieved 2018-03-11.

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