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Canadian Real Estate Investment Trust (Canadian Real Estate Investment Trust) Total Noninterest Expense


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What is Canadian Real Estate Investment Trust Total Noninterest Expense?

Total Noninterest Expense only applies to banks.


Canadian Real Estate Investment Trust (Canadian Real Estate Investment Trust) Business Description

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Canadian Real Estate Investment Trust, or CREIT, is a real estate investment trust with a portfolio of properties located throughout the provinces of Canada and the United States. CREIT segments its real estate holdings into Retail, Industrial, and Office assets. Most of the company's revenue is generated in the form of property rental income derived from its retail holdings. Office and industrial real estate assets also represent very substantial revenue streams for the company. CREIT's properties in Alberta and Ontario are responsible for the vast majority of the company's revenue in terms of geography and, together, encompass over half of all of CREIT's leasable square footage. The leases held by CREIT's tenants are primarily split between mid-term and long-term agreements.