CT Real Estate Investment Trust's strong relationship with Canadian Tire ensures stable occupancy and reduces turnover risk, supporting earnings visibility and robust AFFO growth. The CT REIT maintains a healthy 6% dividend yield, retaining 30% of AFFO for development, with a C$331M pipeline largely funded by internal cash flows. Debt levels are stable with manageable refinancing risk, evidenced by recent successful note issuance and a conservative 40% LTV ratio.
CT Real Estate Investment Trust (OTC:CTRRF) Q1 2025 Earnings Conference Call May 6, 2025 8:00 AM ET Company Participants Kevin Salsberg - President and CEO Jodi Shpigel - Senior Vice President, Real Estate Lesley Gibson - Chief Financial Officer Conference Call Participants Lorne Kalmar - Desjardins Capital Markets Gaurav Mathur - Green Street Linda Wang - TD Securities Giuliano Thornhill - National Bank Brad Sturges - Raymond James Operator Good morning. My name is Gigi, and I will be your conference operator today.
CT Real Estate Investment Trust (OTC:CTRRF) Q4 2024 Earnings Conference Call February 11, 2025 9:00 AM ET Company Participants Kevin Salsberg - President & CEO Jodi Shpigel - SVP, Real Estate Lesley Gibson - CFO Conference Call Participants Lorne Kalmar - Desjardins Capital Markets Giuliano Thornhill - National Bank Financial Michael Markidis - BMO Capital Markets Sam Damiani - TD Securities Sumayya Syed - CIBC World Markets Himanshu Gupta - Scotiabank Pammi Bir - RBC Capital Markets Brad Sturges - Raymond James Operator Good morning. My name is Latif, and I will be your conference operator today.
![]() CTRRF In 5 days Estimated | Monthly | $0.06 Per Share |
![]() CTRRF 3 weeks ago Paid | Monthly | $0.06 Per Share |
![]() CTRRF 1 month ago Paid | Monthly | $0.06 Per Share |
![]() CTRRF 2 months ago Paid | Monthly | $0.06 Per Share |
![]() CTRRF 3 months ago Paid | Monthly | $0.05 Per Share |
![]() CTRRF 4 months ago Paid | Monthly | $0.05 Per Share |
5 Aug 2025 (In 1 week) Date | | - Cons. EPS | - EPS |
31 Jul 2025 (In 6 days) Date | | - Cons. EPS | - EPS |
30 Jul 2025 (In 5 days) Date | | - Cons. EPS | - EPS |
5 May 2025 Date | | - Cons. EPS | 0.21 EPS |
10 Feb 2025 Date | | - Cons. EPS | 0.32 EPS |
![]() CTRRF In 5 days Estimated | Monthly | $0.06 Per Share |
![]() CTRRF 3 weeks ago Paid | Monthly | $0.06 Per Share |
![]() CTRRF 1 month ago Paid | Monthly | $0.06 Per Share |
![]() CTRRF 2 months ago Paid | Monthly | $0.06 Per Share |
![]() CTRRF 3 months ago Paid | Monthly | $0.05 Per Share |
![]() CTRRF 4 months ago Paid | Monthly | $0.05 Per Share |
5 Aug 2025 (In 1 week) Date | | - Cons. EPS | - EPS |
31 Jul 2025 (In 6 days) Date | | - Cons. EPS | - EPS |
30 Jul 2025 (In 5 days) Date | | - Cons. EPS | - EPS |
5 May 2025 Date | | - Cons. EPS | 0.21 EPS |
10 Feb 2025 Date | | - Cons. EPS | 0.32 EPS |
REIT - Retail Industry | Real Estate Sector | Mr. Kevin Salsberg CEO | OTC PINK Exchange | CA1264621006 ISIN |
CA Country | 71 Employees | 30 Jun 2025 Last Dividend | - Last Split | - IPO Date |
CT Real Estate Investment Trust (CT REIT) operates as a prominent unincorporated, closed-end real estate investment trust in Canada, focusing on the acquisition and management of income-producing commercial properties. With a vast portfolio that includes over 370 properties and surpasses 30 million square feet of gross leasable area (GLA), CT REIT plays a significant role in Canada's commercial real estate market. Primarily, it deals with net lease single-tenant retail properties dispersed throughout the country. The most notable tenant within its portfolio is Canadian Tire Corporation, Limited, highlighting the trust's strong foundation and strategic tenant relationships.
CT REIT's core investment focus is on commercial properties that generate steady income. This encompasses a wide range of real estate assets, such as retail stores, service outlets, and distribution centers, with an emphasis on long-term leases to reliable tenants.
A significant portion of CT REIT's portfolio is comprised of net lease agreements with single tenants. These arrangements usually involve tenants covering most, if not all, of the property expenses, including maintenance, taxes, and insurance, which provides a stable and predictable income stream for the REIT.
Beyond simply owning properties, CT REIT actively engages in the management and development of its real estate assets. This includes enhancing property value through strategic upgrades and expansions, as well as pursuing opportunities for new developments to grow its portfolio further.