Choice Properties Real Estate Investment Trust is a Canada-based, open-ended real estate investment trust established in 2012 by Loblaw Companies Limited. It was created to acquire, own, develop and manage a diversified portfolio of retail, industrial and commercial properties across Canada. The Trust’s sponsor relationship with Loblaw provides a steady source of quality tenants, anchored primarily by grocery and pharmacy banners.
The Trust’s core business activities include the leasing of grocery-anchored shopping centres, the ownership of industrial and logistics properties and the strategic development of mixed-use and residential projects. Its portfolio spans neighbourhood plazas, community retail centres and large-format properties tailored to support Loblaw’s retail network, third-party grocers and other national retailers. Property management, leasing services and asset management form an integral part of its service offering.
Choice Properties serves major Canadian markets from coast to coast, with holdings in Ontario, Quebec, Alberta, British Columbia and the Atlantic provinces. Its geographic diversification seeks to balance exposure to stable, densely populated urban hubs with growth-oriented suburban and regional markets. Ongoing development initiatives target infill sites in high-growth corridors and transit-oriented locations.
The Trust is governed by an independent board of trustees and managed by an experienced executive team responsible for acquisitions, development and capital allocation. As of its incorporation, Loblaw remains the largest unitholder and strategic partner, providing pipeline opportunities for new retail projects. Through disciplined underwriting and a focus on high-quality tenants, Choice Properties aims to deliver sustainable income and long-term value for unitholders.
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