CHOICE PROPERTIES REAL ESTATE INVESTMENT TRUST

Choice Properties Real Estate Investment Trust

CHP.UN

CA17039A1066

Commercial REITs

Market Closed - Toronto S.E. Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
13.09 ^CAD	+0.23%		+0.69%	-6.16%

Apr. 25	Transcript : Choice Properties Real Estate Investment Trust - Shareholder/Analyst Call
Apr. 25	Transcript : Choice Properties Real Estate Investment Trust, Q1 2024 Earnings Call, Apr 25, 2024

Choice Properties Real Estate Investment Trust Reports Earnings Results for the Full Year Ended December 31, 2023

February 14, 2024 at 05:30 pm EST

Choice Properties Real Estate Investment Trust reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was CAD 1,309.17 million compared to CAD 1,264.59 million a year ago. Net income was CAD 796.69 million compared to CAD 744.25 million a year ago.

Latest news about Choice Properties Real Estate Investment Trust

Transcript : Choice Properties Real Estate Investment Trust - Shareholder/Analyst Call	Apr. 25
Transcript : Choice Properties Real Estate Investment Trust, Q1 2024 Earnings Call, Apr 25, 2024	Apr. 25
Choice Properties Real Estate Investment Trust Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 24	CI
Choice Properties REIT Q1 Net Income Nearly Halved on Non-Cash Charges, But Reported FFO Per Unit Rises	Apr. 24	MT
Choice Properties REIT Brief: Reported FFO per unit diluted was $0.259, an increase of 6.1% compared to the first quarter of 2023	Apr. 24	MT
Choice Properties REIT Brief: Reporting Q1 net income of $142.3 million as compared to net income of $270.8 million in the first quarter of 2023	Apr. 24	MT
An undisclosed buyer acquired Industrial property and a retail property from Choice Properties Real Estate Investment Trust (TSX:CHP.UN) for CAD 23.3 million.	Apr. 23	CI
Choice Properties Real Estate Investment Trust (TSX:CHP.UN) completed the acquisition of Toronto, ON retail property from Loblaw Companies Limited (TSX:L) for CAD 38.4 million.	Apr. 23	CI
REITs Brief: Bloomberg Reporting That Ontario Teachers' Pension Plan Weighing $5 Billion Sale of Amica, a private provider of luxury seniors residences	Apr. 17	MT
Choice Properties Real Estate Investment Trust Declares Cash Distribution for the Month of April 2024, Payable on May 15, 2024	Apr. 16	CI
George Weston and Loblaw Both Enter into Automatic Share Purchase Plans	Mar. 22	MT
Choice Properties Real Estate Investment Trust Declares Cash Distribution for the Month of March, 2024, Payable on April 15, 2024	Mar. 13	CI
Transcript : Choice Properties Real Estate Investment Trust, Q4 2023 Earnings Call, Feb 15, 2024	Feb. 15
Choice Properties Real Estate Investment Trust Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 14	CI
Choice Properties REIT Brief: Announcing Distribution Increase	Feb. 14	MT
Choice Properties REIT Brief: Reported FFO per unit diluted For Q4 was $0.255, an increase of 5.8% compared to the fourth quarter of 2022	Feb. 14	MT
Choice Properties Real Estate Investment Trust Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 14	CI
Choice Properties Real Estate Investment Trust Announces Distribution Increase	Feb. 14	CI
Choice Properties Real Estate Investment Trust Declares Cash Distribution for the Month of February 2024, Payable on March 15, 2024	Feb. 14	CI
Choice Properties Real Estate Investment Trust Declares Cash Distribution for the Month of January, 2024, Payable on February 15, 2024	Jan. 16	CI
George Weston and Loblaw Both Entering into Automatic Share Purchase Plan	Dec. 29	MT
Choice Properties Real Estate Investment Trust Declares Cash Distribution for the Month of December, 2023, Payable on January 15, 2024	Dec. 14	CI
BMO Reinstates Coverage of Choice Properties REIT at Outperform, $15 Target	Nov. 30	MT
Grain Management, LLC. and Stratcap completed the acquisition of Data centre located in Brampton, Ontario from Choice Properties Real Estate Investment Trust (TSX:CHP.UN).	Nov. 22	CI
Choice Properties Real Estate Investment Trust (TSX:CHP.UN) announces an Equity Buyback for 27,563,002 shares, representing 8.41% of its issued share capital.	Nov. 17	CI

Chart Choice Properties Real Estate Investment Trust

Duration

Period

Chart Choice Properties Real Estate Investment Trust

More charts

Company Profile

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 Companyâs 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.

Sector

Commercial REITs

Calendar

2024-07-16 - Q2 2024 Earnings Release (Projected)

More about the company

Income Statement Evolution

More financial data

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

13.09 CAD

Average target price

14.69 CAD

Spread / Average Target

+12.20%

Consensus

Chiffre d''affaires - Rate of surprise

Company calendar

Sector Other Commercial REITs

	1st Jan change	Capi.
CHOICE PROPERTIES REAL ESTATE INVESTMENT TRUST	-6.16%	3.14B
REALTY INCOME CORPORATION	-6.46%	46.25B
ALEXANDRIA REAL ESTATE EQUITIES, INC.	-8.31%	20.33B
SEGRO PLC	-3.56%	13.07B
UNIBAIL-RODAMCO-WESTFIELD SE	+16.05%	11.53B
CAPITALAND INTEGRATED COMMERCIAL TRUST	-4.85%	9.68B
FEDERAL REALTY INVESTMENT TRUST	-0.83%	8.48B
CAPITALAND ASCENDAS REIT	-14.19%	8.38B
KLÉPIERRE	+1.38%	7.63B
FIBRA UNO	-18.42%	5.53B

Other Commercial REITs