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TORONTO, July 18, 2018 /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 July, 2018 of $0.061667 per trust unit, representing $0.74 per unit on an annualized basis, payable August 15, 2018 to Unitholders of record on July 31, 2018.
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 756 properties totalling more than 67 million square feet of gross leasable area. The portfolio is comprised of retail, industrial, office and residential assets concentrated in attractive markets and offers an unmatched development pipeline. Choice Properties is well-positioned to deliver reliable and increasing cash flows, with best-in-class operating platforms focused on value creation. 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
For further information: Kim Lee, Vice President, Investor Relations and Business Intelligence, Choice Properties Real Estate Investment Trust, t (416) 324-7899, e [email protected]