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Choice Properties Real Estate Investment Trust Reports Results for the Three Months Ended March 31, 2026
Choice Properties Real Estate Investment Trust (“Choice Properties” or the “...

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[{"type":"text","content":"Choice Properties Real Estate Investment Trust Reports Results for the Three Months Ended March 31, 2026\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n.bwalignl { text-align: left }\n.bwalignr { text-align: right; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwlistcircle { list-style-type: circle }\n.bwlistdisc { list-style-type: disc }\n.bwpadb3 { padding-bottom: 4px }\n.bwpadl0 { padding-left: 0px }\n.bwpadr0 { padding-right: 0px }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwtopsingle { border-top: solid black 1pt }\n.bwvertalignb { vertical-align: bottom }\n.bwvertalignt { vertical-align: top }\n.bwwidth1 { width: 1% }\n.bwwidth100 { width: 100% }\n.bwwidth12 { width: 12% }\n.bwwidth45 { width: 45% }\n.bwwidth57 { width: 57% }\n.bwwidth58 { width: 58% }\n \n\n\n\n Choice Properties Real Estate Investment Trust (“Choice Properties” or the “Trust”) (TSX: CHP.UN) today announced its consolidated financial results for the three months ended March 31, 2026. The First Quarter Report to Unitholders is available in the Investors section of the Trust’s website at\n \n www.choicereit.ca\n \n , and has been filed on SEDAR+ at\n \n www.sedarplus.ca\n \n .\n \n\n “Choice Properties started the year strong, with stable occupancy and robust leasing spreads. Same-Asset NOI and FFO per unit growth reflected this solid operating performance and the continued momentum across our portfolio,” said Rael Diamond, President and Chief Executive Officer of the Trust. “With our business in excellent shape and an industry‑leading balance sheet, we announced a transformational acquisition subsequent to quarter end. The potential opportunity to add high‑quality urban retail assets will meaningfully strengthen our national platform and enhance long‑term value for Unitholders.”\n \n\n\n 2026\n \n\n First Quarter Highlights\n \n\n\n\n Reported a net loss of $87.2 million compared to a net loss of $96.2 million in the prior year period.\n \n\n Reported FFO\n \n (1)\n \n per unit diluted of $0.271, representing year-over-year growth of 2.7%.\n \n\n FFO\n \n (1)\n \n per unit diluted, excluding lease surre...
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