C
CT Real Estate Investment Trust CTRRF
$11.71 -$0.005-0.04% OTC PK
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Corporate Info
Phone Number
416 480 2029
Address
2180 Yonge Street
P.O. Box 770, Station K
Toronto, ON M4P 2V8
Country
Canada
Year Founded
2013
Details
Sector
Real Estate
Industry
Equity Real Estate Investment Trusts (REITs)
Employees
71
Business Decription
CT Real Estate Investment Trust (CT REIT) is an unincorporated, closed end real estate investment trust formed to own income producing commercial properties primarily located in Canada. Its portfolio is comprised of over 375 properties totaling approximately 31 million square feet of gross leasable area, consisting primarily of net lease retail properties located across Canada. CT REIT is Canada’s premier net lease real estate investment trust with the principal objective of creating long-term value for unitholders by growing its portfolio of income producing properties and development projects, benefiting from its relationship with Canadian Tire Corporation, its most significant tenant and controlling unitholder. This close association and alignment provides important insights into potential real estate acquisitions and development opportunities that, together with long-term leases with embedded annual rent escalations, serve as a competitive differentiator for CT REIT. CT REIT is listed on the Toronto Stock Exchange under the symbol CRT.UN.