Choice Properties Real Estate Investment Trust Reports Results for the Three and Six Months Ended June 30, 2026
Choice Properties Real Estate Investment Trust (“Choice Properties” or the “Trust”) (TSX: CHP.UN) today announced its consolidated financial results for the three and six months ended June 30, 2026. The Second Quarter Report to Unitholders is available in the Investors section of the Trust’s website at www.choicereit.ca, and has been filed on SEDAR+ at www.sedarplus.ca.
“We are pleased with Choice Properties’ second quarter results, highlighted by robust leasing spreads and Same-Asset NOI growth,” said Rael Diamond, President and Chief Executive Officer of the Trust. “These results reflect the strength of our portfolio and the disciplined execution of our strategy. We continue to unlock value through strategic leasing initiatives across our necessity-based retail portfolio, while capitalizing on tenant demand to drive rental rate growth in our industrial portfolio.”
2026 Second Quarter Highlights
Reported a net loss of $176.4 million compared to a net loss of $154.2 million in the prior year period. The loss in both periods was primarily due to the fair value adjustment related to the Trust’s Exchangeable Units(1) resulting from the increase in the Trust’s unit price.
