Canadian Real Estate Investment TrustToronto, Canada

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CREIT Company Description

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.

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The Company Description provides a historical perspective of CREIT's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of CREIT's evolution in the marketplace.

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