Canada NewsWire
TORONTO, Oct. 15, 2020
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES ./
TORONTO , Oct. 15, 2020 /CNW/ - 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 October, 2020 of $0.061667 per trust unit, representing $0.74 per trust unit on an annualized basis, payable on November 16, 2020 to Unitholders of record at the close of business on October 30 , 2020.
About Choice Properties Real Estate Investment Trust
Choice Properties,
Canada's
preeminent diversified real estate investment trust, is the owner, manager and developer of a high-quality portfolio comprising 725 properties totaling 65.9 million square feet of gross leasable area. Choice Properties owns a portfolio comprised of retail properties predominantly leased to necessity–based tenants; industrial, office and residential assets concentrated in attractive markets; and offers an impressive and substantial development pipeline. Choice Properties' strategic alliance with its principal tenant, Loblaw Companies Limited, the country's leading retailer, is a key competitive advantage providing long-term growth opportunities. 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