Chartwell Retirement Residences T.CSH.UN

Alternate Symbol(s): CWSRF

Healthcare

Chartwell Retirement Residences is a Canada-based open-ended real estate trust. The Company is engaged in the business of serving and caring for Canada’s seniors. The Company owns and operates a range of seniors housing residences, from independent supportive living through assisted living to long term care. The Company operates through the Retirement Operations segment. It provides resident services and care in settings, such as independent living apartments (IL), independent supportive living-apartments (ISLA), independent supportive living-suites (ISLS), assisted living (AL), and long term care (LTC), among others. The Company’s portfolio groupings are the same property; acquisitions and development; and dispositions and repositioning. Its Retirement Operations property portfolio includes Western Canada, Ontario, Quebec, and others. The Company serves over 25,000 residents in four provinces across the country.

TSX:CSH.UN - Post by User

Chartwell Retirement Residences

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Post by milliondollaron Feb 15, 2012 4:00pm

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Post# 19539368

HUGE NEWS!

Chartwell is picking up a large number of retirement homes with this deal. Issuing 23 million shares at 8.20 will keep a lid on the bounce but i think in the medium term, we will be over $10. I think they will be raising the dividend this year

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