Minto Properties, Inc. (MPI), a Greenberg family real estate company with more than 60 years’ experience, is preparing to launch the Minto Apartment REIT with an initial raise of $200M. The REIT is unincorporated and open-ended, registered in Ontario. The REIT plans to concentrate on urban areas in Canada. MPI will retain majority ownership of the REIT and will provide certain … [Read more...] about Minto Apartment REIT
Company Review
CT REIT
Overview CT Real Estate Investment Trust is an unincorporated real estate investment trust with significant holdings in Canadian retail properties. Holdings are located primarily in Ontario, Quebec and Western Canada. CT REIT derives the vast bulk of its revenues from its major lessee and majority unitholder, Canadian Tire Corporation (CTC), the operator of the Canadian Tire … [Read more...] about CT REIT
Choice Properties REIT
Overview Choice Properties REIT is a manager, developer, and owner of retail and other commercial Canadian properties, and has started to diversify into mixed-use commercial/residential properties. Most of its revenue stems from tenant leases. Choice is principally owned by Loblaw Companies, the country’s largest grocery retailer, which in turn is controlled by the Weston … [Read more...] about Choice Properties REIT
Dream Office REIT
Overview Dream Office REIT leases and manages high-quality office properties primarily in the Toronto real estate market. Formerly known as Dundee REIT, Dream Office owns 46 properties with 8.5M square feet of gross leasable space. The average tenant leases 11,000 square feet and has 4.7 years left on its lease term. Dream Office has about 800 employees, $14B in assets and a … [Read more...] about Dream Office REIT
SmartCentres REIT
Overview SmartCentres is a large Canadian REIT that specializes in value-oriented retail stores and shopping centers, many anchored by Walmart supercenters. The REIT’s main purpose is to develop, lease, construct, own and manage shopping centers and office buildings. The REIT generally prefers properties that are located next to major highways and contain anchor stores. … [Read more...] about SmartCentres REIT