Choice Properties REIT (CHP.UN-T) Stock Predictions - Stockchase
WATCH LIST
32
Choice Properties REIT (CHP.UN-T)

ON STOCKCHASE SINCE Jul 2013

Loblaws Properties

REAL ESTATE

Choice Properties REIT

CHP.UN-T

35 watching          
Join the Discussion

Choice Properties REIT (CHP.UN-T) SAVE Apr, 24, 2019, 5:03 pm

13.77 0.07 (0.51%)

About Choice Properties REIT (CHP.UN-T)

Choice Properties Real Estate Investment Trust is a Canadian unincorporated, open-ended real estate investment trust based in Toronto, Ontario. It is the largest real estate investment trust in Canada, with an enterprise value of $16 billion. More at Wikipedia

What the experts are saying about CHP.UN-T



  • All
  • Filtered
Signal Opinion Expert
BUY
It was a spin-off from L-T originally. They merged with CREET, who is a long standing super successful REIT with one of the best management teams out there. The marriage of these two brought a stellar portfolio together with a management team that knows how to operate through full cycles in a conservative manor. It should be a competitive force. There will be a lot of built-in future growth in the redevelopment of urban properties. There are no immediate catalysts at this point but worth holding on to.
REAL ESTATE
0 0 0 0 0
0 comments
It was a spin-off from L-T originally. They merged with CREET, who is a long standing super successful REIT with one of the best management teams out there. The marriage of these two brought a stellar portfolio together with a management team that knows how to operate through full cycles in a conservative manor. It should be a competitive force. There will be a lot of built-in future growth in the redevelopment of urban properties. There are no immediate catalysts at this point but worth holding on to.
REAL ESTATE
0 0 0 0 0
0 comments
Joshua Varghese

Portfolio , Signature Global Ass...

Price Price
$14.140
Owned Owned
Unknown

TOP PICK
The managers of Canadian REIT, which merged with this and he highly regards, runs Choice. That's important. They can intensify the Loblaw chopping centres by adding retail and apartments, as in four sites in the GTA. This pays a 5% yield. Loblaw is its main tenant, so it's solid. (Analysts’ price target is $13.68)
REAL ESTATE
0 0 0 0 0
0 comments
The managers of Canadian REIT, which merged with this and he highly regards, runs Choice. That's important. They can intensify the Loblaw chopping centres by adding retail and apartments, as in four sites in the GTA. This pays a 5% yield. Loblaw is its main tenant, so it's solid. (Analysts’ price target is $13.68)
REAL ESTATE
0 0 0 0 0
0 comments
Gavin Graham

Trustee, Pointbreak ETFs...

Price Price
$14.180
Owned Owned
Yes

COMMENT
Trades at a reasonable 15x AFFO under solid managers. It's also defensive. Problem is it doesn't excite him enough as a REIT. You'll collect the 6-7% yield plus a small bump in price. In the last three months, REITs have been on a tear because interest rates have fallen and should rise another 2-5%.
REAL ESTATE
0 0 0 0 0
0 comments
Trades at a reasonable 15x AFFO under solid managers. It's also defensive. Problem is it doesn't excite him enough as a REIT. You'll collect the 6-7% yield plus a small bump in price. In the last three months, REITs have been on a tear because interest rates have fallen and should rise another 2-5%.
REAL ESTATE
0 0 0 0 0
0 comments
Paul Gardner, C

Partner an, Avenue Investment Ma...

Price Price
$13.760
Owned Owned
Unknown

BUY
Riocan vs. Choice Properties REITs Riocan is trying to change their mix and their development properties are doing well. You're fine with either REIT, both quality. Choice is stable, because of Loblaw. Both are good for income in the long run.
REAL ESTATE
0 0 0 0 0
0 comments
Riocan vs. Choice Properties REITs Riocan is trying to change their mix and their development properties are doing well. You're fine with either REIT, both quality. Choice is stable, because of Loblaw. Both are good for income in the long run.
REAL ESTATE
0 0 0 0 0
0 comments
Christine Poole

CEO & Mana, GlobeInvest Capital ...

Price Price
$13.670
Owned Owned
Unknown

PARTIAL SELL
Nice breakout above $12.50 in 2016 to 2018, then went below. That support level becomes resistence to the upside. He needs to see it break through this level again. Until then, lighten your position.
REAL ESTATE
0 0 0 0 0
0 comments
Nice breakout above $12.50 in 2016 to 2018, then went below. That support level becomes resistence to the upside. He needs to see it break through this level again. Until then, lighten your position.
REAL ESTATE
0 0 0 0 0
0 comments
Elliott Fishman

Director o, Trading Services Gro...

Price Price
$12.680
Owned Owned
Unknown

HOLD
A great company, he feels, although it depends on your time frame. The Weston family is the largest shareholder as this was the real estate arm of Loblaw’s. Their recent acquisitions expands their business scope into transit hubs and residential in Toronto. This will take a few years.
REAL ESTATE
0 0 0 0 0
0 comments
A great company, he feels, although it depends on your time frame. The Weston family is the largest shareholder as this was the real estate arm of Loblaw’s. Their recent acquisitions expands their business scope into transit hubs and residential in Toronto. This will take a few years.
REAL ESTATE
0 0 0 0 0
0 comments
Joshua Varghese

Portfolio , Signature Global Ass...

Price Price
$12.220
Owned Owned
No

HOLD
Defensive in nature as the main anchor is Loblaw. They transitioned out of it 6 months ago. Trading at 16 times Price-to-AFFO (after funds from operations). In general the sector goes where interest rates are going.
REAL ESTATE
0 0 0 0 0
0 comments
Defensive in nature as the main anchor is Loblaw. They transitioned out of it 6 months ago. Trading at 16 times Price-to-AFFO (after funds from operations). In general the sector goes where interest rates are going.
REAL ESTATE
0 0 0 0 0
0 comments
Paul Gardner, C

Partner an, Avenue Investment Ma...

Price Price
$12.140
Owned Owned
No

COMMENT
Choice REIT and relationship with Loblaw A year ago, Loblaw spun their real estate into a REIT, because real estate assets garners higher valuations than grocery stores to allow investors to buy the grocery side alone or the real estate that underlines the grocery stores. Canadian Tire did the same thing. He owns no grocers; there's too much competition.
REAL ESTATE
0 0 0 0 0
0 comments
Choice REIT and relationship with Loblaw A year ago, Loblaw spun their real estate into a REIT, because real estate assets garners higher valuations than grocery stores to allow investors to buy the grocery side alone or the real estate that underlines the grocery stores. Canadian Tire did the same thing. He owns no grocers; there's too much competition.
REAL ESTATE
0 0 0 0 0
0 comments
Colin Stewart

CEO & Port, JC Clark Investments...

Price Price
$12.160
Owned Owned
Unknown

BUY

The easy money has been made with the support of global QE. Now, you have to stick to the true winners, so go stock-specific. Choice Properties is good for that, the Loblaw-sponsored REIT with Loblaw as the main tenant that acquired CREIT earlier this year. The synergy is amazing. This will shape real estate in Canada whereby tenants will colllaborate with landlords as collaborators who together who find the best use of space to benefit both parties.

REAL ESTATE
0 0 0 0 0
0 comments

The easy money has been made with the support of global QE. Now, you have to stick to the true winners, so go stock-specific. Choice Properties is good for that, the Loblaw-sponsored REIT with Loblaw as the main tenant that acquired CREIT earlier this year. The synergy is amazing. This will shape real estate in Canada whereby tenants will colllaborate with landlords as collaborators who together who find the best use of space to benefit both parties.

REAL ESTATE
0 0 0 0 0
0 comments
Joshua Varghese

Portfolio , Signature Global Ass...

Price Price
$12.780
Owned Owned
Unknown

HOLD

Choice or Riocan to sell?  He sold Choice recently. It disapointed him. This was Loblaw that spun into a REIT. Choice just merged with CREIT which has seaoned management. He doesn't like Choice--it's decayed more than the REIT sector. It'll be a work in progress for a while. He would sell Riocan and hold Choice, because Choice has come off so much.

 

REAL ESTATE
0 0 0 0 0
0 comments

Choice or Riocan to sell?  He sold Choice recently. It disapointed him. This was Loblaw that spun into a REIT. Choice just merged with CREIT which has seaoned management. He doesn't like Choice--it's decayed more than the REIT sector. It'll be a work in progress for a while. He would sell Riocan and hold Choice, because Choice has come off so much.

 

REAL ESTATE
0 0 0 0 0
0 comments
Paul Gardner, C

Partner an, Avenue Investment Ma...

Price Price
$11.550
Owned Owned
Unknown

HOLD

They are in the midst of acquiring another REIT.  They are diversifying away from Loblaw’s.  He likes the combined entity.  He is currently short because of the spread on the acquisition. 

REAL ESTATE
0 0 0 0 0
0 comments

They are in the midst of acquiring another REIT.  They are diversifying away from Loblaw’s.  He likes the combined entity.  He is currently short because of the spread on the acquisition. 

REAL ESTATE
0 0 0 0 0
0 comments
Jason Mann

CIO & Co-F, Edgehill Patners...

Price Price
$11.500
Owned Owned
Yes

BUY

A spin-off from Loblaw; most properties are Loblaw locations. The interesting is the merger with another REIT. Good thing is the wider exposure to other sectors, but the bad thing is losing focus from the grocery retail sector. Overall, the merger is a good thing--it's a more liquid company. Over time, should see higher multiples.

REAL ESTATE
0 0 0 0 0
0 comments

A spin-off from Loblaw; most properties are Loblaw locations. The interesting is the merger with another REIT. Good thing is the wider exposure to other sectors, but the bad thing is losing focus from the grocery retail sector. Overall, the merger is a good thing--it's a more liquid company. Over time, should see higher multiples.

REAL ESTATE
0 0 0 0 0
0 comments
Jim Huang

President, T.I.P. Wealth Manage...

Price Price
$11.690
Owned Owned
Unknown

COMMENT

The anchor tenants, in a large majority of their properties is Loblaws. Where he might be a little more hesitant in a real estate investment trust that has mall-based retailers, it is quite unlikely that grocery shopping will have the same problems. This would be one of the safer REITs. He is quite constructive on equity markets, so has been moving away from REITs with a view that the economy is strengthening and interest rates moving higher. If you have to own a real estate investment trust, this is a reasonable choice, but he would recommend you don’t concentrate too much in REITs or bond proxies generally.

REAL ESTATE
0 0 0 0 0
0 comments

The anchor tenants, in a large majority of their properties is Loblaws. Where he might be a little more hesitant in a real estate investment trust that has mall-based retailers, it is quite unlikely that grocery shopping will have the same problems. This would be one of the safer REITs. He is quite constructive on equity markets, so has been moving away from REITs with a view that the economy is strengthening and interest rates moving higher. If you have to own a real estate investment trust, this is a reasonable choice, but he would recommend you don’t concentrate too much in REITs or bond proxies generally.

REAL ESTATE
0 0 0 0 0
0 comments
Brian Madden

Senior VP , Goodreid Investment ...

Price Price
$13.720
Owned Owned
Unknown

COMMENT

This has a lot of the real estate that Loblaws and Shoppers occupies. A great bond proxy. Versus other retail REITs, you are probably not going to get as much growth, however you are going to get pretty good stability. Loblaws owns a considerable chunk of this REIT. There is better growth in other REITs.

REAL ESTATE
0 0 0 0 0
0 comments

This has a lot of the real estate that Loblaws and Shoppers occupies. A great bond proxy. Versus other retail REITs, you are probably not going to get as much growth, however you are going to get pretty good stability. Loblaws owns a considerable chunk of this REIT. There is better growth in other REITs.

REAL ESTATE
0 0 0 0 0
0 comments
Andy Nasr

VP & Inves, Sentry Investments...

Price Price
$13.750
Owned Owned
No

BUY

It is the real estate arm of L-T.  The parent owns about 80% of the REIT.  This is L-T with less volatility and a higher yield.  It is a high quality REIT.  The problem at the time of the IPO was the agreements with L-T that limited rent increases.  He does not know about the properties that Shoppers is on.

REAL ESTATE
0 0 0 0 0
0 comments

It is the real estate arm of L-T.  The parent owns about 80% of the REIT.  This is L-T with less volatility and a higher yield.  It is a high quality REIT.  The problem at the time of the IPO was the agreements with L-T that limited rent increases.  He does not know about the properties that Shoppers is on.

REAL ESTATE
0 0 0 0 0
0 comments
Andy Nasr

VP & Inves, Sentry Investments...

Price Price
$13.120
Owned Owned
Unknown

Showing 1 to 15 of 32 entries
Successfully Saved Company
Successfully Saved Company