While Snow also owns stock in the former, he's recommending its parent because of the recent news that it's putting Loblaw's property into a new real estate investment trust. (canadianbusiness.com)
Brookfield plans to create a new real estate investment trust under the ticker «BPR,» which will qualify as a REIT for tax purposes and issue shares in this transaction. (ireitinvestor.com)
Loblaw recently announced it will be creating a new real estate investment trust (REIT). (moneysense.ca)