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Canadian Real Estate Investment Trust · Toronto, ON Canada ·(Toronto: REF)

Company Description

175 Bloor St. East North Tower, Ste. 500
Toronto, ON
M4W 3-R8
Canada (Map)
Phone: +1-416-628-7771
Fax: +1-416-628-7777
Rankings
  • TSX Completion
Canadian Real Estate Investment Trust (CREIT) owns or has stakes in more than 150 industrial, retail, and office properties in urban areas throughout Canada as well as one retail property in Chicago. The company's holdings total more than 20 million sq. ft. of leasable space; industrial properties consist of nearly 8 million sq. ft. and retail properties make up more than 6 million sq. ft., while office properties comprise the remainder. Most of its properties are located in major metropolitan areas such as Toronto; Halifax, Nova Scotia; and Calgary and Edmonton, Alberta. The company was established in 1984 and became a public REIT when the trusts were introduced in Canada in 1993. To read the full description, subscribe now.
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Key Canadian Real Estate Investment Trust Financials

Company TypePublic - Toronto: REF

Headquarters
Fiscal Year-EndDecember
2008 Sales (mil.)$261.5
2007 Employees141

Canadian Real Estate Investment Trust Executives

14 executives listed for Canadian Real Estate Investment Trust's Toronto, ON location.
TitleName & BioContact
ChairmanJames ToryNetwork
Stephen JohnsonNetwork
Timothy McSorleyNetwork

Competition

Competitive Landscape for Canadian Real Estate Investment Trust
The health of the economy drives demand for REITs as investment vehicles. Profitability depends on the value of the properties in the portfolio, which in turn highly depends on real estate vacancy rates. Large companies have advantages in deal-making, and economies of scale in marketing, computer and infrastructure investment, and operations. Smaller companies can compete by specializing not only in real estate type, but by geography, though geographic focus can increase risks. To read the full description, subscribe now.
Top Canadian Real Estate Investment Trust Competitors
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