Crombie reit is one of canadas leading real estate investment trusts. This ancaster freestanding sobeys store and td bank is located at the corner of golf links road and neville drive. Btb is an important owner of properties in eastern canada. Actual results could differ materially from conclusions, forecasts or projections in the forwardlooking information, and certain material factors or assumptions were applied in drawing conclusions or. Btb owns 65 commercial, office and industrial properties for a total of more than 5. We believe in building quality real estate, which is appealing to local communities, so we. And working at crombie isnt like working anywhere else. The distribution will be payable on may 15, 2020, to unitholders of record as at april 30, 2020. It owns and operates primarily retail and office real estate assets located in canada. Stock analysis for crombie real estate investment trust crru.
Apply handson real estate expertise through a proactive approach to unlock value in. It owns properties across various locations, such as alberta, british columbia, manitoba, new brunswick, newfoundland and labrador, nova scotia, ontario. Crombie is an openended real estate investment trust established under, and governed by, the laws of the province of ontario. Crombie reit strategy and outlook the objectives of crombie are threefold. Sobeys is one of only two national grocery retailers in canada, serving the food shopping needs of canadians under retail banners that include sobeys, safeway, iga, foodland, freshco, price chopper, thrifty foods and lawtons drugs. In general, profits from business operations can be allocated to retained earnings or paid to shareholders in the form of dividends or stock buybacks. The company that would become crombie reit began more than 50 years ago as atlantic shopping centres, a related company to sobeys inc. Crombie real estate investment trust crrunt quote the. Management investor presentation first quarter 2018. Clow held the position of president, ecl developments limited, the real estate development subsidiary of empire company limited for two years. President and chief executive officer, donald clow, fca, has guided and shaped crombie reit into the company that it is today. Primarily located in quebec, ontario and western canada focus on sobeys anchored shopping centres. The trust invests in incomeproducing retail, office and mixed use properties in canada.
The centre is located on the east side just north of the intersection of rue bourgeoys and rue laval. Certain information in this presentation and oral answers to questions may contain forwardlooking information. Were about more than real estate and solid investments. This investor presentation has been prepared by ebix, inc. The company invests, operates, and develops a portfolio of grocerystore and drugstore. Crombie reit formerly atlantic shopping centres, then crombie properties is a canadian unincorporated open ended publicly traded real estate investment trust which trades on the toronto stock exchange and is based in new glasgow, nova scotia.
The company owns and operates primarily retail and office real estate assets located in canada. Although were spread across canada, were a tightknit team all working toward one common goal. With premium properties in top urban and suburban markets, crombie. Were an engaged part of each community in which we operate. Btb is a real estate investment trust listed on the toronto stock exchange. Johns, newfoundland 14 august 20 mainly received invoices, collected rent from tenants and deposited to company accounts. To crombie real estate investment trust stock including the latest price, news, dividend history, earnings information and financials. Dividends are common dividends paid per share, reported as of the exdividend date. To is pleased to announce that a number of exciting international and national brands will open at. Crombie is committed to building better communities by giving back to, and being an engaged member of, the communities where we live, work, and play. Click here if you need to download the latest version of adobe acrobat reader. With 33 properties slated for development over the next decade or longer, crombie is focused on increasing our presence in some of the most competitive commercial real estate markets in canada. Toronto including stock price, stock chart, company news, key statistics, fundamentals and company profile.
Chief executive officer 610 east river road, suite 200 new glasgow, nova scotia b2h 3s2. About crombie reit building a better reit crombie reit. Crombie currently owns a portfolio of 285 incomeproducing properties across canada, comprising approximately 17. Crombie real estate investment trust is a canadabased national real estate investment trusts. This process, known as noticeandaccess, directly benefits crombie through a reduction in both postage and material costs and also helps the environment through a decrease in paper documents that are ultimately discarded. Contact crombie, one of canadas leading commercial reits. The trust invests in incomeproducing retail, office and mixeduse properties in canada, with a future growth strategy focused primarily on the acquisition of retail properties.
Crombie real estate investment trust is an unincorporated, openended real estate investment trust established under, and governed by, the laws of the province of ontario. Crombie reit has determined that distributions should be treated for income tax purposes as follows. Detailed price information for crombie real estate investment trust crrunt from the globe and mail including charting and trades. Crombie reit s executive team brings the handson leadership needed to grow our portfolio and make crombie an investment of choice in canada and abroad. Certain slides contain a peer comparison that was based on the respective issuersreported information as at december 31, 2017. New glasgow, ns, march 27, 2020 cnw crombie real estate investment trust crombie crrun. Crombie real estate investment trust is a canadabased openend reit that focuses on the retail industry. Certain information included in this presentation contains. Notify me of new presentations posted to this site. Kildonan green is a groceryanchored retail plaza located in winnipeg.
Enhance the value of crombies assets and maximize longterm unit value through. Positions crombie closer to a pure play retail reit consistent with crombies strategy of acquiring grocery or drugstore anchored locations in top canadian markets retail and mixed use portfolio currently 96% of total annual minimum rent leverages crombies existing relationship with sobeys and empire average lease term 11. In just under four years since its ipo, crombie grows by 58% in gross leasable area to solidify its position as a midmarket capitalized reit. Investor presentation april 3, 2019 a final base shelf prospectus containing important information relating to the securities described in this document has been filed with the securities regulatory authorities in each of the provinces of canada, other than quebec. This belief commits crombie to invest in and build welcoming, convenient and longterm real estate properties where people live, work, shop and play. Crombie reit announces small business support program. A mixeduse property, located in new glasgow, consisting of a groceryanchored community plaza, with office space located on the second level, and several freestanding structures. Crombie real estate investment trust is a canadabased unincorporated openended real estate investment trust reit. Crombie reit fiscal 2019 annual general meeting and q1 fiscal 2020 conference call. Certain slides contain a peer comparison that was based on the respective issuersreported information as at march 31, 2018.
Crombie is one of canadas most trusted real estate companies with commercial real estate properties located in canadas top urban and suburban markets. Ebix for investors, solely for informational purposes. Crombie real estate investment trust is an unincorporated, openended real. New glasgow, ns, april 17, 2020 cnw crombie real estate investment trust crombie tsx. Empire is a national canadian grocery retailer, serving the food shopping needs of canadians under. Mar 31, 2020 whats new at crombie crombie believes that the world would be a better place if everyone felt a sense of belonging to their community. Crombie reit was a great place to work administrative assistant former employee st. To news will hold its virtual annual general meeting of unitholders on thursday, may 7, 2020. Under canadian securities rules, crombie is no longer required to distribute. New glasgow, ns, march 27, 2020 cnw crombie real estate investment trust crombie tsx. Crombie reit is one of canadas leading national real estate investment trusts.
428 1389 330 438 652 316 437 43 996 867 88 105 1276 974 401 870 1215 578 191 117 1360 1267 826 307 153 1345 1044 1393 1403 676 1224 829 894