PPRQF News and Press, Choice Properties Real Estate Investment Trust Tr Unit From 04/25/23

2023-04-25 02:32:57 ET Choice Properties Real Estate Investment Trust press release ( OTC:PPRQF ): Q1 GAAP EPS of $0.37. FFO per unit diluted was $0.244. Period end occupancy of 97.7%. Same-Asset NOI on a cash basis increased by 4.6% from Q1 2022. Revenue of $...

2023-04-17 11:30:00 ET Summary Choice Properties has the same majority owner as its largest tenant. This reduces the tenancy risk. The REIT is guiding for a 2-3% FFO per share increase this year. 99.8% of the debt has a fixed interest rate. This means the interest expenses wil...

2023-03-06 17:26:42 ET Summary RioCan offers a forward yield of 4.9% following two consecutive annual distribution increases. Of its peer group of large TSX-listed retail REITs, RioCan has the lowest payout ratio as well as the lowest yield, highlighting the opportunity for f...

Choice Properties Real Estate Investment Trust (PPRQF) Q4 2022 Earnings Conference Call February 16, 2023 10:00 AM ET Company Participants Erin Johnston - Vice President-Finance Rael Diamond - President & Chief Executive Officer Ana Radic - Chief Operating Officer ...

Choice Properties Real Estate Investment Trust press release ( OTC:PPRQF ): Q4 GAAP EPS of -$0.80. Reported FFO per unit diluted was $0.241. Revenue of $314.38M (-3.5% Y/Y). In 2023, Choice Properties will continue to focus on its core business of essential retail and i...

Summary Granite REIT recently announced its 12th consecutive annual distribution increase. The REIT has a superb balance sheet with uniquely low financing costs. Granite has an industry-leading 99.1% occupancy rate across its 128 income-producing properties. Granite will benefit...

Summary Choice Properties' main tenant is the Loblaw group of companies, a related party. The distribution hasn't been hiked, but Choice prefers to reinvest the retained cash in its development pipeline. Choice should be able to self-fund its developments until the end of 2024 and g...

Summary We stayed out of Allied as the office property portfolio was unappealing despite the company having some of the best assets. The stock has really tumbled and is now lower than 2013 and 2016 lows. Valuation is now paying you to be involved, but we still are not taking a...

Choice Properties Real Estate Investment Trust (PPRQF) Q3 2022 Earnings Call Transcript November 10, 2022 09:00 AM ET Company Participants Erin Johnston - Vice President of Finance Rael Diamond - President & Chief Executive Officer Ana Radic - Executive Vice ...

Choice Properties Real Estate Investment Trust press release ( OTC:PPRQF ): Q3 GAAP EPS of $1.31. Reported FFO per unit diluted was $0.239, consistent with Q3 2021. Period end occupancy improved slightly to 97.7%, reflecting 33,000 square feet of positive absorption. S...