Add as a preferred source on GoogleChoice Properties Holds 2026 FFO Outlook at $1.08 to $1.10 Per Unit
The trust forecasts about 7x adjusted debt-to-EBITDA and 2%-3% same-asset cash NOI growth. Leverage could reach about 8.5x after the First Capital acquisition closes.
Choice Properties Real Estate Investment Trust kept its 2026 funds from operations outlook at $1.08 to $1.10 per unit, while forecasting about 7x adjusted debt-to-EBITDA and 2%-3% same-asset cash net operating income (NOI) growth.
The trust’s 2026 outlook also calls for stable occupancy. The FFO range excludes the First Capital acquisition.
Third-quarter same-asset NOI increased 3.1%, and occupancy was 97.8%. After the acquisition closes, adjusted debt-to-EBITDA could reach about 8.5x.
The closing could shift from the fourth quarter to the first quarter. The Competition Bureau review has no exact timeline.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.