Earnings QualityThe positive view on CHP is largely based on its underlying earnings quality, best-in-class balance sheet, and relatively limited exposure to properties under stress.
Financial PerformanceSolid operating performance leads to 2% growth in Choice Properties REIT, highlighted by FFO per unit and same-property NOI growth of 1.9% and 2.9%, respectively.
Investor ReturnsUnits have returned 9.5%, outpacing the return for retail peers and the REIT index of 0.2% and -1.2%, respectively.