Choice Properties Real Estate Investment Trust Announces Q1 Earnings Call Highlights
During the first-quarter earnings call for Choice Properties Real Estate Investment Trust (TSE:CHP.UN), executives highlighted strong operational performance, including a resilient portfolio occupancy rate of 98.1% and average leasing spreads of 21.8%. The company also reiterated guidance for same-asset cash NOI growth between 2–3%, with diluted FFO/unit expected to range from CAD 1.08 to CAD 1.10 in the year, excluding a recently announced acquisition.
Topics: acquisition FFO_growth retail_real_estate