Choice Properties Real Estate Investment Trust Management
Management criteria checks 4/4
Choice Properties Real Estate Investment Trust's CEO is Rael Diamond, appointed in May 2019, has a tenure of 6.17 years. total yearly compensation is CA$4.24M, comprised of 19.3% salary and 80.7% bonuses, including company stock and options. directly owns 0.36% of the company’s shares, worth CA$38.67M. The average tenure of the management team and the board of directors is 2.1 years and 4.3 years respectively.
Key information
Rael Diamond
Chief executive officer
CA$4.2m
Total compensation
| CEO salary percentage | 19.34% |
| CEO tenure | 6.2yrs |
| CEO ownership | 0.4% |
| Management average tenure | 2.1yrs |
| Board average tenure | 4.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2025 | n/a | n/a | CA$546m |
| Dec 31 2024 | CA$4m | CA$820k | CA$784m |
| Sep 30 2024 | n/a | n/a | -CA$453m |
| Jun 30 2024 | n/a | n/a | CA$646m |
| Mar 31 2024 | n/a | n/a | CA$668m |
| Dec 31 2023 | CA$4m | CA$807k | CA$797m |
| Sep 30 2023 | n/a | n/a | CA$663m |
| Jun 30 2023 | n/a | n/a | CA$1b |
| Mar 31 2023 | n/a | n/a | CA$628m |
| Dec 31 2022 | CA$4m | CA$780k | CA$744m |
| Sep 30 2022 | n/a | n/a | CA$1b |
| Jun 30 2022 | n/a | n/a | CA$376m |
| Mar 31 2022 | n/a | n/a | CA$472m |
| Dec 31 2021 | CA$3m | CA$770k | CA$23m |
| Sep 30 2021 | n/a | n/a | CA$303m |
| Jun 30 2021 | n/a | n/a | CA$236m |
| Mar 31 2021 | n/a | n/a | CA$56m |
| Dec 31 2020 | CA$3m | CA$750k | CA$451m |
| Sep 30 2020 | n/a | n/a | CA$627m |
| Jun 30 2020 | n/a | n/a | CA$319m |
| Mar 31 2020 | n/a | n/a | CA$654m |
| Dec 31 2019 | CA$3m | CA$684k | -CA$581m |
| Sep 30 2019 | n/a | n/a | -CA$594m |
| Jun 30 2019 | n/a | n/a | -CA$320m |
| Mar 31 2019 | n/a | n/a | -CA$880m |
| Dec 31 2018 | CA$2m | CA$540k | CA$650m |
Compensation vs Market: Rael's total compensation ($USD3.11M) is below average for companies of similar size in the Canadian market ($USD4.44M).
Compensation vs Earnings: Rael's compensation has been consistent with company performance over the past year.
CEO
Rael Diamond (48 yo)
Mr. Rael Lee Diamond, CA, CPA, has been Director at Choice Properties Real Estate Investment Trust since April 25, 2023 and its President and Chief Executive Officer since May 1, 2019 and had been its Chie...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.2yrs | CA$4.24m | 0.36% CA$ 38.7m | |
| COO and Executive VP of Development & Construction | 1.3yrs | CA$2.18m | 0.031% CA$ 3.4m | |
| Chief Financial Officer | less than a year | no data | 0.0090% CA$ 968.7k | |
| Senior VP | 2.5yrs | CA$768.44k | 0.0090% CA$ 969.8k | |
| Vice President of Corporate Development | less than a year | no data | no data | |
| Senior Vice President of Commercial Development | no data | CA$1.04m | no data | |
| Vice President of Sustainability & Placemaking | 2.5yrs | no data | no data | |
| Senior Vice President of Construction | 2.5yrs | no data | no data | |
| Senior Vice President of Technology Solutions | 1.7yrs | no data | no data | |
| VP & Controller | no data | no data | no data |
Experienced Management: CHP.UN's management team is considered experienced (2.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.3yrs | CA$4.24m | 0.36% CA$ 38.7m | |
| Independent Trustee | 7.2yrs | CA$157.00k | 0.0012% CA$ 127.0k | |
| Independent Trustee | 4.8yrs | CA$149.10k | no data | |
| Lead Independent Trustee | 7.2yrs | CA$187.48k | 0.0048% CA$ 515.6k | |
| Independent Trustee | 6.2yrs | CA$158.00k | 0.00071% CA$ 76.4k | |
| Independent Trustee | 6.2yrs | CA$157.00k | 0.0076% CA$ 820.1k | |
| Independent Trustee | 2.3yrs | CA$158.00k | no data | |
| Chairman of the Board | 4.3yrs | CA$195.00k | 0.013% CA$ 1.4m | |
| Trustee | 3.3yrs | CA$145.00k | no data | |
| Independent Trustee | less than a year | no data | no data | |
| Independent Trustee | 3yrs | CA$166.22k | 0.0050% CA$ 533.8k |
Experienced Board: CHP.UN's board of directors are considered experienced (4.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/07/02 12:48 |
| End of Day Share Price | 2025/06/30 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Choice Properties Real Estate Investment Trust is covered by 16 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Troy MacLean | BMO Capital Markets Equity Research |
| Michael Markidis | BMO Capital Markets Equity Research |
| Mark Rothschild | Canaccord Genuity |