Choice Properties REIT offers monthly passive income via Canadian retail portfolio

Choice Properties Real Estate Investment Trust (TSX: CHP.UN) is highlighted as a source of passive income through its monthly dividend distributions. As Canada’s largest REIT, the company manages a portfolio of nearly 700 properties totaling over 68 million square feet of gross leasable area, with a valuation exceeding $18 billion.

The trust maintains a defensive investment profile, with approximately 83% of its portfolio focused on necessity-based retail. Loblaw Companies serves as the principal anchor tenant, accounting for roughly 57% of gross rental revenue. This concentration in essential consumer goods has contributed to a portfolio occupancy rate of 97.7% as of June 30, 2026.