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BRAMPTON, ON, April 23, 2014 /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 May, 2014 of $0.054167 per trust unit, representing $0.65 per unit on an annualized basis, payable June 16, 2014 to Unitholders of record on May 30, 2014.
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 36.3 million
square feet of gross leasable area and consists of 435 properties
primarily focused on supermarket-anchored shopping centres and
stand-alone supermarkets. 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 and lender, 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
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