mtrivedi

Chartwell Retirement Residences

Education
TSX:CSH.UN   CHARTWELL RETIREMENT RESIDENCES
• Canada’s Baby Boomer generation is expected to grow by 111.2% by 2034 which will create a strong demand for senior housing within the Canadian major markets and will likely lead to higher earnings for CSH.

• CSH is Canada’s largest provider of senior housing (controls 38% of the Retirement Care market) giving them the perfect position to take advantage of the demographic shift where there will be a growing population of senior citizens.

• By focusing heavily on operational efficiency, CSH has generated industry leading NOI margins (30%) which allows them to charge higher rates to its customers that are expected to increase 2-3% annually.

• Following the completion of CSH’S latest pipeline that includes 12 projects and the development of 2,129 suites, the company showcases their consistency in pursing acquisitions in its core markets which helps the business grow in the right areas
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