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BRAMPTON, ON, Jan. 21, 2014 /CNW/ - Choice Properties Real Estate Investment Trust ("Choice Properties" or the "REIT") (TSX: CHP.UN) announced today that the trustees of the REIT have declared a distribution for the month of January, 2014 of $0.054167 per trust unit, representing $0.65 per unit on an annualized basis, payable February 18, 2014 to Unitholders of record on January 31, 2014.
About Choice Properties Real Estate Investment Trust
Choice Properties Real Estate Investment Trust is an owner, manager and
developer of well-located commercial real estate across Canada. Choice
Properties' portfolio spans approximately 36.2 million square feet of
gross leasable area and consists of 433 properties primarily focused on
supermarket-anchored shopping centres, stand-alone supermarkets and
other commercial properties. Choice Properties' strategy is to create
value by enhancing and optimizing its portfolio through active property
management, accretive acquisitions and development. Choice Properties'
principal tenant, and largest Unitholder and lender, is Loblaw
Companies Limited, Canada's largest food 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
Kim Lee
Vice President, Investor Relations and
Financial Planning & Analysis
Choice Properties Real Estate Investment Trust
t (905) 861-2256
e kim.lee@choicereit.ca