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BRAMPTON, ON, Oct. 16, 2013 /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 October, 2013 of $0.054167 per trust unit, representing $0.65 per unit on an annualized basis, payable November 15, 2013 to Unitholders of record on October 31, 2013.
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' initial portfolio spans approximately 35.3 million square feet of gross leasable area and consists of 425 properties primarily focused on supermarket-anchored shopping centres, stand-alone supermarkets and other retail properties. Choice Properties' strategy is to create value by enhancing and optimizing its property portfolio, which was built over thirty years by Loblaw, the REIT's principal tenant, and largest Unitholder and lender. 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
For further information:
Vice President, Investor Relations and
Financial Planning & Analysis
Choice Properties Real Estate Investment Trust
t (905) 861-2256
e [email protected]