Choice Properties Real Estate Investment Trust

OTCPK:PPRQ.F Stock Report

Market Cap: US$6.7b

Choice Properties Real Estate Investment Trust Management

Management criteria checks 3/4

Choice Properties Real Estate Investment Trust's CEO is Rael Diamond, appointed in May 2019, has a tenure of 5.67 years. total yearly compensation is CA$4.19M, comprised of 19.2% salary and 80.8% bonuses, including company stock and options. directly owns 0.32% of the company’s shares, worth $21.46M. The average tenure of the management team and the board of directors is 2 years and 4 years respectively.

Key information

Rael Diamond

Chief executive officer

CA$4.2m

Total compensation

CEO salary percentage19.2%
CEO tenure5.7yrs
CEO ownership0.3%
Management average tenure2yrs
Board average tenure4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Rael Diamond's remuneration changed compared to Choice Properties Real Estate Investment Trust's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-CA$453m

Jun 30 2024n/an/a

CA$646m

Mar 31 2024n/an/a

CA$668m

Dec 31 2023CA$4mCA$807k

CA$797m

Sep 30 2023n/an/a

CA$663m

Jun 30 2023n/an/a

CA$1b

Mar 31 2023n/an/a

CA$628m

Dec 31 2022CA$4mCA$780k

CA$744m

Sep 30 2022n/an/a

CA$1b

Jun 30 2022n/an/a

CA$376m

Mar 31 2022n/an/a

CA$472m

Dec 31 2021CA$3mCA$770k

CA$23m

Sep 30 2021n/an/a

CA$303m

Jun 30 2021n/an/a

CA$236m

Mar 31 2021n/an/a

CA$56m

Dec 31 2020CA$3mCA$750k

CA$451m

Sep 30 2020n/an/a

CA$627m

Jun 30 2020n/an/a

CA$319m

Mar 31 2020n/an/a

CA$654m

Dec 31 2019CA$3mCA$684k

-CA$581m

Sep 30 2019n/an/a

-CA$594m

Jun 30 2019n/an/a

-CA$320m

Mar 31 2019n/an/a

-CA$880m

Dec 31 2018CA$2mCA$540k

CA$650m

Compensation vs Market: Rael's total compensation ($USD2.91M) is below average for companies of similar size in the US market ($USD7.89M).

Compensation vs Earnings: Rael's compensation has increased whilst the company is unprofitable.

CEO

Rael Diamond (47 yo)

5.7yrs

Tenure

CA$4,193,075

Compensation

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

NamePositionTenureCompensationOwnership
Rael Diamond
President5.7yrsCA$4.19m0.32%
$ 21.5m
Mario Barrafato
Chief Financial Officer6.7yrsCA$1.69m0.097%
$ 6.5m
Niall Collins
COO and Executive VP of Development & Constructionless than a yearCA$1.80m0.022%
$ 1.5m
Simone Cole
VP, General Counsel & Secretary2yrsCA$768.44k0.0053%
$ 357.8k
Mario Fatica
Senior Vice President of Commercial Developmentno dataCA$1.04mno data
Erin Johnston
Senior Vice President of Financeless than a yearno datano data
Orit Sarfaty
Vice President of Sustainability & Placemaking2yrsno datano data
Julie Robinson
Senior Vice President of Construction2yrsno datano data
Marcus Bertagnolli
Senior Vice President of Technology Solutions1.2yrsno datano data

2.0yrs

Average Tenure

Experienced Management: PPRQ.F's management team is considered experienced (2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Rael Diamond
President1.8yrsCA$4.19m0.32%
$ 21.5m
R. Michael Latimer
Independent Trustee6.7yrsCA$147.00k0.0012%
$ 79.1k
L. Cross
Independent Trustee4.3yrsCA$148.00kno data
Karen Kinsley
Independent Trustee6.7yrsCA$163.22k0.0048%
$ 321.0k
Dale Ponder
Independent Trustee5.7yrsCA$148.00k0.00071%
$ 47.6k
Nancy H. Lockhart
Independent Trustee5.7yrsCA$147.00k0.0076%
$ 510.6k
Qi Tang
Independent Trustee1.8yrsCA$101.38kno data
Gordon Andrew Currie
Chairman of the Board3.8yrsCA$165.00k0.013%
$ 861.1k
Cornell Wright
Trustee2.8yrsCA$135.00kno data
Diane Kazarian
Independent Trustee2.5yrsCA$148.00k0.0050%
$ 332.4k

4.0yrs

Average Tenure

65yo

Average Age

Experienced Board: PPRQ.F's board of directors are considered experienced (4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 03:11
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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 .

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.

AnalystInstitution
Troy MacLeanBMO Capital Markets Equity Research
Michael MarkidisBMO Capital Markets Equity Research
Mark RothschildCanaccord Genuity