Charter Real Estate Investment Trust's business strategy

Charter, together with its affiliates, will be focused on owning and acquiring income-producing commercial retail and mixed-use retail real estate properties in both primary and secondary markets throughout Canada.

We believe that retail centres that are well-located in their respective markets present an attractive long-term investment opportunity given their characteristics, which include multi-year leases, and the stable cash flow provided by such arrangements. Such retail centres typically provide growth opportunities through the lease-up of vacant space, the upward trend in rental rates through contractual escalations, and through our active re-merchandising and re-development of the properties.