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Choice Properties Real Estate Investment Trust (TSX:CHP.UN) Credit Losses Provision


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What is Choice Properties Real Estate Investment Trust Credit Losses Provision?

Credit Losses Provision only applies to banks.


Choice Properties Real Estate Investment Trust (TSX:CHP.UN) Business Description

Traded in Other Exchanges
Address
22 St. Clair Avenue East, Suite 700, Toronto, ON, CAN, M4T 2S5
Choice Properties Real Estate Investment Trust invests in commercial retail, industrial, mixed-use and residential properties across Canada. The company's portfolio primarily consists of shopping centers anchored by supermarkets and stand-alone supermarkets. The properties are mostly located in Ontario and Quebec, followed by Alberta, Nova Scotia, British Columbia, and New Brunswick. Choice Properties generate the majority of revenue from leasing properties to its tenants. The company's principal tenant, the large-format retailer Loblaw Companies, contributes the vast majority of the total rent.