Crombie Real Estate Investment Trust (CROMF)

Overview

Crombie is a prominent figure in the real estate sector, primarily focusing on investments that contribute significantly to the enrichment of local communities and ensuring long-term sustainable growth. With a reputation as one of the country's top owners, operators, and developers of quality assets, Crombie prides itself on a portfolio that predominantly features grocery-anchored retail spaces, retail-related industrial properties, and mixed-use residential developments. As of the end of December 2023, the portfolio boasts 304 properties, covering approximately 19.2 million square feet, including shares from joint ventures. Additionally, Crombie is preparing for a future of growth with a considerable pipeline of development projects set for realization.

Products and Services

• Grocery-Anchored Retail Properties

  Crombie specializes in owning and operating retail properties that are anchored by leading grocery stores. These assets are carefully chosen for their strategic importance, serving as key shopping destinations in their respective communities and providing a stable income stream for Crombie.

• Retail-Related Industrial Properties

  In response to the evolving needs of the retail sector, Crombie has diversified its portfolio to include industrial properties related to retail operations. These assets support the logistics and distribution requirements of retailers, enhancing the efficiency of the retail ecosystem.

• Mixed-Use Residential Properties

  Understanding the growing demand for integrated living spaces, Crombie is also engaged in developing and managing mixed-use properties that combine residential living with retail and commercial spaces. This approach is designed to create vibrant communities where people can live, work, and shop in close proximity.

• Development Projects

  With a significant pipeline of future development projects, Crombie is well-positioned to expand its portfolio and influence in the real estate market. These projects range from new property developments to the substantial renovation and reconfiguration of existing assets, aiming to meet the future needs of tenants and consumers.