Crombie Real Estate Investment Trust is a Canadian publicly traded REIT (TSX: CRR.UN) headquartered in New Glasgow, Nova Scotia. Established in 2006 as Crombie REIT, the company traces its roots to 1964 when it was founded as Atlantic Shopping Centres Limited, a subsidiary of Sobeys Stores Limited. The REIT owns, operates, and develops a coast-to-coast portfolio of income-producing properties with a focus on grocery-anchored retail, office, retail-related industrial, and mixed-use assets. As of June 30, 2026, Crombie's portfolio consists of 311 properties comprising approximately 19.5 million square feet of gross leasable area, with a total enterprise value of $5.8 billion. The portfolio is strategically concentrated on necessity-based retail, with grocery-anchored and essential retailers representing 83.4% of annual minimum rent. The company maintains a strategic partnership with Empire Company Limited, which owns approximately 41% of Crombie's units and serves as its largest tenant. Empire-related banners, including Sobeys, Safeway, FreshCo, and related grocery stores, occupy 12.1 million square feet and contribute 61.5% of Crombie's annual minimum rent, with a weighted average remaining lease term of 9.7 years. Crombie's geographic footprint spans all ten Canadian provinces, with particular concentration in Atlantic Canada, Ontario, and Western Canada. The REIT has demonstrated operational strength with committed occupancy reaching 97.5% and achieving seven consecutive quarters of double-digit renewal leasing spreads at 11.3% as of Q2 2026. Beyond its core retail portfolio, Crombie is pursuing a mixed-use development strategy with a pipeline of over 40 sites suitable for intensification, representing potential for more than 7 million square feet of future development and approximately 11,300 residential units. The company's investment approach emphasizes stable cash flows from long-term leases, disciplined capital allocation, and value creation through property modernization and strategic partnerships.