Investors
Creating Long-Term Value
Choice Properties is Canada’s largest real estate investment trust, with a clear and disciplined strategy centred on capital preservation, generating stable and growing cash flows, and delivering long-term value for unitholders.
Our scale and national presence are built on a high-quality, necessity-based portfolio, across three strategic asset classes, and anchored by a market-leading grocery retail platform at its core. Our strategic partnership with Loblaw provides a structural competitive advantage across our portfolio.
This retail foundation supports consistent foot traffic, strong tenant demand, and reliable income, allowing us to perform through different market conditions.
Our development pipeline, including a growing industrial platform, retail, and mixed-use residential assets, positions us to capture future growth. All of this is supported by a strong balance sheet that provides flexibility and stability.
Guided by our purpose to create Places where People Thrive, and commitment to ESG leadership, including our Net Zero by 2050 target, we remain focused on delivering resilient, long-term value.
700+
Properties
Largest in Canada
68.1 M SF across 3 strategic
asset classes
$17.8 B Fair value
18M SF
Development
Pipeline
A long-term growth platform, backed by Choice Properties’ scale and development depth across asset classes.
37M SF
Grocery-Anchored
Retail Portfolio
A predominantly necessity-based, grocery-anchored retail portfolio built for resilience through economic cycles.
7.1x Debt/EBITDA
Industry leading balance sheet
An industry-leading balance sheet that preserves flexibility to execute and invest responsibly over time.
Latest Reports
Connecting With Investors
Q4 Conference Call and Webcast
Thursday February 19th
10:00 AM EST
Choice Properties will be reporting fourth quarter 2025 results on Wednesday, February 18, 2026, after-market hours.
Management will host a conference call the next day on Thursday, February 19, 2026 at 10:00 AM (ET) with a simultaneous audio webcast. To access via teleconference please dial 1 (888) 330-2454 or 1 (240) 789-2714 and enter the event passcode: 4788974.
Annual Meeting of Unitholders
April 30th, 2026
11:00 AM EST
Choice Properties’ Annual Meeting of Unitholders will be held on Thursday, April 30, 2026 at 11:00 AM (ET) in a virtual meeting format via live webcast.
Unitholders can attend the meeting by joining via teleconference by dialing +1 (800) 990-2777 or +1 (416) 855-9085 and enter the event passcode: 44134.
Resources
Please e-mail accessibility@choicereit.ca to request an accessible copy of any document.
- Financial Reports and Regulatory Filings
- Press Releases
- Events
- Presentations
- Governance
- Distribution History
- Tax History
- Analyst Coverage
Financial Reports and Regulatory Filings
The System for Electronic Document Analysis and Retrieval (SEDAR) is an electronic filing system for the disclosure documents of public companies and investment funds across Canada. As a publicly traded company, Choice Properties Real Estate Investment Trust is required to file material disclosure documents on SEDAR+. Click here to be routed to SEDAR’s website.
Governance
Corporate governance is the key driver of ESG success, enabling us to create places where Canadian businesses and communities thrive. Choice Properties embeds governance and ESG management across every level of the organization—from executive leadership to the Board of Trustees, the Audit Committee, and the Governance Committee—ensuring robust oversight, ethical practices and compliance. Internal checks, balances and data validation measures are in place to drive long-term operational excellence, build stakeholder trust and deliver meaningful, positive impact.
Tax History
The after-tax return from an investment in Units to an investor subject to Canadian income tax depends, in part, on the composition for income tax purposes of distributions made by the Trust, portions of which may be fully or partially taxable or may constitute tax deferred returns of capital. That composition may change over time, thus affecting the after-tax return to Unitholders. Choice Properties has determined that the distributions should be treated as set out in the following table.
| Year | Distribution Per Unit | Income | Capital Gains | Foreign Income | Return of Capital | Tax Treatment |
|---|---|---|---|---|---|---|
| 2025 | $0.76836 | 96.0% | 3.8% | — | 0.2% | Statement of Trust Income Allocations and Designations |
| 2024 | $0.75833 | 97.5% | 2.2% | — | 0.3% | Statement of Trust Income Allocations and Designations |
| 2023 | $0.748340 | 84.3% | 15.7% | — | 0.02% | Statement of Trust Income Allocations and Designations |
| 2022 | $0.740040 | 89.4% | 9.6% | — | 1.0% | Statement of Trust Income Allocations and Designations |
| 2021 | $0.740040 | 90.8% | 7.4% | — | 1.8% | Statement of Trust Income Allocations and Designations |
| 2020 | $0.740040 | 88.6% | 10.4% | 0.1% | 0.9% | Statement of Trust Income Allocations and Designations |
| 2020 | $0.090000 | — | 100% | — | — | Statement of Trust Income Allocations and Designations |
| 2019 | $0.740040 | 94.8% | 4.6% | 0.6% | — | Statement of Trust Income Allocations and Designations |
| 2019 | $0.070000 | — | 100% | — | — | Statement of Trust Income Allocations and Designations |
| 2018 | $0.740040 | 94.2% | 0.3% | 0.5% | 5.0% | Statement of Trust Income Allocations and Designations |
Analyst Coverage
Listings were last updated on January 2025. Please note that any opinions, estimates or forecasts regarding Choice Properties REIT’s performance made by the analysts covering Choice Properties are theirs alone and do not represent opinions, forecasts or predictions of Choice Properties or its management. Choice Properties does not, by its reference above, distribute or otherwise imply any endorsement of or concurrence with such information, conclusions or recommendations.
| Firm | Analyst | Phone | |
|---|---|---|---|
| BMO Capital Markets | Michael Markidis | 416.917.5035 | michael.markidis@bmo.com |
| CIBC World Markets | Sumayya Syed | 416.594.7136 | sumayya.syed@cibc.com |
| Canaccord Genuity | Mark Rothschild | 416.869.7280 | mrothschild@canaccordgenuity.com |
| Desjardins Capital Markets | Lorne Kalmar | 416.607.3028 | lorne.kalmar@desjardins.com |
| Green Street Advisors | Gaurav Mathur | 647.832.3011 | gmathur@greenstreet.com |
| National Bank | Giuliano Thornhill | 416.507.8108 | giuliano.thornhill@nbc.ca |
| Raymond James | Brad Sturges | 416.777.7189 | brad.sturges@raymondjames.ca |
| RBC Capital Markets | Pammi Bir | 416.842.7805 | pammi.bir@rbccm.com |
| Scotiabank | Himanshu Gupta | 416.863.7218 | himanshu.gupta@scotiabank.com |
| TD Securities | Sam Damiani | 416.983.9640 | sam.damiani@tdsecurities.com |
Why Invest in Choice?
Our ability to unlock value through intensification, strategic development, and active asset management means we create value not only through income, but also by actively managing our assets, advancing development opportunities, and unlocking potential within our existing portfolio.
With strong tenant relationships, a national footprint in high-demand markets, and the ability to respond as opportunities evolve, we continue to drive value across market conditions.
This is a business built on stability today with clear visibility into future growth.
For investor relations enquiries, contact investor@choicereit.ca
For information regarding share transfer, address changes, dividends, lost share certificates or tax forms, please contact the Investor Relations team
TSX Trust Company
P.O. Box 700, Postal Station B
Montreal, Quebec
H3B 3K3
Tel: 416-682-3860 (International direct dial)
Toll Free Tel: 1-800-387-0825 (Canada and US)
Fax: 1-514-985-8843 (Outside Canada and US)
Toll Free Fax: 1-888-249-6189 (Canada and US)
Email: shareholderinquiries@tmx.com