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Choice Properties Real Estate Investment Trust T.CHP.UN

Alternate Symbol(s):  PPRQF

Choice Properties Real Estate Investment Trust is a real estate investment trust that creates value through the ownership, operation, and development of commercial and residential properties. The Company’s portfolio is comprised of retail properties primarily leased to necessity-based tenants. It also owns a portfolio of industrial, mixed-use, and residential assets concentrated in markets across Canada. Its retail portfolio is primarily leased to grocery stores, pharmacies, and other necessity-based tenants. Its industrial portfolio is centered around large, purpose-built distribution facilities for Loblaw and generic industrial assets that accommodate the diverse needs of a range of tenants. Its industrial properties are in target distribution markets across Canada. Its residential properties include both newly developed purpose-built rental buildings and residential-focused mixed-use communities. It is the owner and manager of over 64 million square feet of gross leasable area.


TSX:CHP.UN - Post by User

Post by Betteryear2on Aug 16, 2021 8:39am
114 Views
Post# 33708865

Declares Cash Distribution for the Month of August, 2021

Declares Cash Distribution for the Month of August, 2021

 

Not for distribution to U.S. News Wire Services or dissemination in the United States.

Choice Properties Real Estate Investment Trust (“Choice Properties”) (TSX: CHP.UN) announced today that the trustees of Choice Properties have declared a cash distribution for the month of August, 2021 of $0.061667 per trust unit, representing $0.74 per trust unit on an annualized basis, payable on September 15, 2021 to Unitholders of record at the close of business on August 31, 2021.

About Choice Properties Real Estate Investment Trust

Choice Properties is a leading Real Estate Investment Trust that creates enduring value through the ownership, operation and development of high-quality commercial and residential properties.

We believe that value comes from creating spaces that improve how our tenants and communities come together to live, work, and connect. We strive to understand the needs of our tenants and manage our properties to the highest standard. We aspire to develop healthy, resilient communities through our dedication to social, economic, and environmental sustainability. In everything we do, we are guided by a shared set of values grounded in Care, Ownership, Respect and Excellence.

For more information, visit Choice Properties’ website at www.choicereit.ca and Choice Properties’ issuer profile at www.sedar.com.

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