On July 5, 2013, the new REIT, called Choice Properties, held an IPO on the Toronto Stock Exchange.
[6] In February 2018, Choice announced that it would acquire Canadian Real Estate Investment Trust (CREIT), a diversified commercial REIT, for $3.9-billion.
[2] With the CREIT acquisition, Choice owned 752 properties worth $16 billion, and became Canada's largest REIT.
As of the end of December 2017, the company owned 546 properties, with a gross leasable area of 44.1 million square feet, and a total value of $9.6 billion.
[8] The company is currently engaged in mixed-use re-developments in several sites that it owns, including at Bloor and Dundas West in Toronto,[9] and the Golden Mile in Scarborough.