Choice Properties REIT (CHP.UN) Facts

Is Choice Properties REIT's distribution safe?

Choice Properties REIT (CHP.UN) currently screens as covered under REIT Stack's deterministic distribution-safety methodology using extraction-period inputs as of June 30, 2026. The public inputs on this sheet show AFFO payout ratio 83.7% and FFO payout ratio 72.3% from that extraction period, plus Distribution Yield 5.03% from the public market snapshot as of August 25, 2026; the engine driver summary is AFFO payout 84%: Comfortably covered by adjusted cash flow. This verdict is a screening signal, not a credit rating or investment recommendation.

Distribution-safety methodology

Is Choice Properties REIT trading below Reported NAV?

Choice Properties REIT (CHP.UN) has Price / Reported NAV of 1.08x, using price $15.58 from the public market snapshot as of August 25, 2026 and Reported NAV / Unit $14.43 from issuer filings as of December 31, 2025. This is a 8.0% premium to Reported NAV. This uses issuer-reported Reported NAV only, not REIT Stack Real Estate NAV or Market-Implied NAV.

Reported NAV, Real Estate NAV, and Market-Implied NAV taxonomy

What does Choice Properties REIT own?

Choice Properties REIT (CHP.UN) describes its portfolio this way: Choice Properties REIT is Canada's largest REIT by asset value, managing a diversified portfolio of approximately 700 properties totalling more than 66 million square feet across Canada. Anchored by its cornerstone relationship with Loblaw Companies — Canada's largest retailer and Choice's largest unitholder — the trust's portfolio spans grocery-anchored retail, industrial logistics, and a growing mixed-use development pipeline. Under CEO Erin Johnston, Choice is strategically converting surplus retail landholdings into mixed-use residential and industrial nodes. The same public row lists Market Cap $11.3B as of August 25, 2026 and sector Retail; property-level inventory, source breadcrumbs, and historical period detail remain in the member product.