Canada NewsWire
TORONTO, March 17, 2016
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./
TORONTO, March 17, 2016 /CNW/ - Choice Properties Real Estate Investment Trust ("Choice Properties") (TSX: CHP.UN) announced today that the trustees of Choice Properties have declared a distribution for the month of March, 2016 of $0.055833 per trust unit, representing $0.67 per unit on an annualized basis, payable April 15, 2016 to Unitholders of record on March 31, 2016.
About Choice Properties Real Estate Investment Trust
Choice Properties Real Estate Investment Trust is an owner, manager and
developer of well-located retail and commercial real estate across
Canada. Choice Properties' portfolio spans approximately 41.6 million
square feet of gross leasable area and consists of 519 properties
primarily focused on supermarket and drug store anchored shopping
centres and stand-alone supermarkets and drug stores. Choice
Properties' strategy is to create value by enhancing and optimizing its
portfolio through development, accretive acquisitions and active
property management. Choice Properties' principal tenant and largest
Unitholder is Loblaw Companies Limited, Canada's largest retailer.
Choice Properties' strong alliance with Loblaw positions it well for
future growth. For more information, visit Choice Properties' website
at www.choicereit.ca and Choice Properties' issuer profile at www.sedar.com.
SOURCE Choice Properties Real Estate Investment Trust
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