Choice, similar to Granite, is viewed as a lower-risk REIT due to its focus on renting properties to grocery stores.
Source Post
I Ranked Every Canadian REIT (I Put the Best One in D 🤯)
Aug 25, 2026
The creator ranks six Canadian REITs from S to E tier, discussing the current state of the REIT sector which has been impacted by rising interest rates and inflation. The first REIT discussed is Canadian Apartments REIT (CAPREIT), which the creator believes is the cheapest quality name on the list and is trading at a record discount due to pressure in major real estate markets like Toronto and Vancouver.
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Tickers discussed in this post
Allied is in a nightmarish situation with significant property write-downs and a high likelihood of further distribution cuts, placing it in the 'E' tier.
Choice Properties REIT is a strong, grocery-anchored retail and industrial REIT with a reliable tenant base, trading at a slight premium to NAV.
Capri is a long-term bullish pick trading at a significant discount to NAV, with management actively buying back units below intrinsic value.
The creator used to own Granite REIT but sold it, and currently does not own any REITs as they are not what they are looking for in their investment portfolio.
Canadian Apartments REIT (CAR.UN.TO) is considered the cheapest quality name on the list and is trading at a record discount, making it a slam dunk buy for the long term.