Choice Properties traded at 15.94 this Wednesday July 29th, decreasing 0.18 or 1.12 percent since the previous trading session. Looking back, over the last four weeks, Choice Properties lost 2.45 percent. Over the last 12 months, its price rose by 11.31 percent. Looking ahead, we forecast Choice Properties to be priced at 15.58 by the end of this quarter and at 14.57 in one year, according to Trading Economics global macro models projections and analysts expectations.
Choice Properties Real Estate Investment Trust (the Trust) is an unincorporated, open-ended real estate investment trust. The Trust is the owner, manager and developer of retail and other commercial properties across Canada. Its portfolio comprises approximately 727 properties with a total gross leasable area (GLA) of approximately 65 million square feet. Its portfolio includes retail properties, industrial properties, an office complex and undeveloped parcels of land. The retail properties are made up of approximately 320 properties with a standalone retail store operating under a Loblaw banner; approximately 190 properties anchored by a retail store operating under a Loblaw banner that also contain one or more ancillary tenants, and seven properties containing only ancillary tenants. Its subsidiaries include Choice Properties Limited Partnership, Choice Properties GP Inc. and Choice Properties PRC Brampton Limited Partnership.