Choice Properties Real Estate Investment Trust

Choice Properties Real Estate Investment Trust

Choice Properties Real Estate Investment Trust

Overview
Date Founded

2013

Headquarters

22 St. Clair Avenue East,Suite 700,Toronto, ON M4T 2S5

Type of Company

Public

Employees (Worldwide)

299

Industries

Trusts & Funds
Real Estate
Real Estate Investment Trusts

Company Description

Choice Properties Real Estate Investment Trust owns, manages, and develops retail and commercial real estate. The firm's portfolio includes supermarket-and-drug store-anchored shopping centers; and stand-alone supermarkets and drug stores. It operates through the following segments: Retail, Industrial and Office. The company was founded on May 21, 2013 and is headquartered in Toronto, Canada.

Contact Data
Trying to get in touch with decision makers at Choice Properties Real Estate Investment Trust? Subscribe today to access their professional contact information and receive a one time promotion of free Contact Data credits!
Executives & Employees

President & Chief Executive Officer

Chief Financial Officer

Chief Financial Officer & Executive Vice President

Secretary, Senior Vice President & General Counsel

Vice President, Controller

Executive Vice President-Leasing & Operations

Senior Vice President, Development & Construction

Senior Vice President, Office & Industrial

Senior Vice President-Administration & Governance

Vice President, Retail Leasing

Board of Trustees

Executive Chairman & Director at Loblaw Companies Ltd.

President at The Howard Hughes Corp.

Former Chief Administrative Officer at Frum Development Group

Former National Managing Partner & Chief Executive Officer at Osler, Hoskin & Harcourt LLP

Corporate Director at Saputo Cheese USA, Inc.

Former President & Chief Executive Officer at OMERS Administration Corp.

Former Senior Managing Director & Global Head of Real Assets at Canada Pension Plan Investment Board

President at Adams & Associates Ltd.

Director at Nobility Homes, Inc.

Paths to Choice Properties Real Estate Investment Trust
Potential Connections via
Relationship Science
You
Choice Properties Real Estate Investment Trust
Owners & Shareholders
Details Hidden

LFFS-SG provides access to niche fundamental expertise with fixed income solutions (fixed maturity funds, subordinated debt, etc.), equity solutions which are resolutely sustainable by nature and cross assets. In addition, it also offers quantitative management services through Veritas Institutional and LFAM GmbH, alternative financing with Acofi and private equity and innovative management expertise with NewAlpha AM.

Details Hidden

IG Investment Management employs active asset management that offers the right mix of fixed income, balanced, and Canadian, US and international equity mutual funds.

Details Hidden

Middlefield Capital Corp. focuses on the underwriting and selling of securities including common shares, preferred shares, partnership units and debt instruments.

Recent Transactions
Details Hidden

Choice Properties Real Estate Investment Trust issued . CAD Units - Bought Deal

Details Hidden

George Weston Limited purchases Choice Properties Real Estate Investment Trust from Loblaw Companies Ltd.

Details Hidden

Loblaw Companies Ltd., Choice Properties Real Estate Investment Trust purchase Canadian Real Estate Investment Trust

Transaction Advisors
Investment Advisor

Advised onLoblaw Companies Ltd., Choice Properties Real Estate Investment Trust purchase Canadian Real Estate Investment Trust

Underwriter

Advised onChoice Properties Real Estate Investment Trust issued CAD Trust Units

Underwriter

Advised onChoice Properties Real Estate Investment Trust issued CAD Trust Units

Legal Advisor

Advised onLoblaw Companies Ltd., Choice Properties Real Estate Investment Trust purchase Canadian Real Estate Investment Trust

Associate

Advised onLoblaw Companies Ltd., Choice Properties Real Estate Investment Trust purchase Canadian Real Estate Investment Trust

Legal Advisor

Advised onLoblaw Companies Ltd., Choice Properties Real Estate Investment Trust purchase Canadian Real Estate Investment Trust

Clients

Loblaw Companies Limited (Loblaw) is Canada's largest food retailer and a leading provider of drugstore, general merchandise and financial products and services. Through our portfolio of store formats, we are committed to providing Canadians with a wide, growing and successful range of products and services to meet their everyday household demands. We are known for the quality, innovation and value of our food offering. We offer Canada's strongest control label program, including the unique President's Choice, no name and Joe Fresh brands. In addition, we provide customers with President's Choice Financial services and offer the PC points loyalty program. With more than 1,000 corporate and franchised stores from coast to coast, Loblaw and its franchisees employ more than 134,000 full-time and part-time employees. This makes us one of Canada’s largest private-sector employers. We are committed to being socially responsible by respecting the environment, sourcing with integrity, making a positive difference in our community, reflecting our nation’s diversity and being a great place to work.

George Weston Limited is a Canadian public company, founded in 1882, engaged in food processing and distribution. The Company has two reportable operating segments: Weston Foods and Loblaw, and holds cash and short term investments. Supported by a strong balance sheet, the Company seeks long-term, stable growth in its operating segments through continuous capital investment. Weston is committed to creating value for its shareholders and employees, and to supporting the communities in which it operates.

The TJX Companies, Inc., the leading off-price apparel and home fashions retailer in the U.S. and worldwide, is ranked 85 among Fortune 500 companies. They operate T.J. Maxx and Marshalls (combined, Marmaxx), HomeGoods, Sierra, and Homesense, as well as tjmaxx.com and sierra.com, in the U.S.; Winners, HomeSense, and Marshalls (combined, TJX Canada) in Canada; and T.K. Maxx in the United Kingdom, Ireland, Germany, Poland, Austria, the Netherlands, and Australia, as well as Homesense in the U.K. and Ireland and tkmaxx.com in the U.K. (combined, TJX International).

Key Stats and Financials As of 2020
Market Capitalization
$8.01B
Total Enterprise Value
$11.9B
Earnings Per Share
$0.49
Total Equity
$2.72B
Total Debt
$5B
EBITDA
$934M
Net Profit
$348M
Revenue
$983M
Debt TEV
0.42x
TEVNet Income
34.38x
Enterprise Value EBITDAOperating
12.79x
Enterprise Value / Sales
12.15x
EBITDAMargin
95%
Three Year Compounded Annual Growth Rate Of Revenue
15.33%
Non-Profit Donations & Grants
This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by Choice Properties Real Estate Investment Trust. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of Choice Properties Real Estate Investment Trust's profile does not indicate a business or promotional relationship of any kind between RelSci and Choice Properties Real Estate Investment Trust.