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Choice Properties Real Estate Investment Trust Declares Cash Distribution for the Month of August, 2022

Not for distribution to U.S. News Wire Services or dissemination in the United States.

TORONTO, August 16, 2022--(BUSINESS WIRE)--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 August, 2022 of $0.061667 per trust unit, representing $0.74 per trust unit on an annualized basis, payable on September 15, 2022 to Unitholders of record at the close of business on August 31, 2022.

About Choice Properties Real Estate Investment Trust

Choice Properties is a leading Real Estate Investment Trust that creates enduring value through the ownership, operation and development of high-quality commercial and residential properties.

We believe that value comes from creating spaces that improve how our tenants and communities come together to live, work, and connect. We strive to understand the needs of our tenants and manage our properties to the highest standard. We aspire to develop healthy, resilient communities through our dedication to social, economic, and environmental sustainability. In everything we do, we are guided by a shared set of values grounded in Care, Ownership, Respect and Excellence.

For more information, visit Choice Properties’ website at www.choicereit.ca and Choice Properties’ issuer profile at www.sedar.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220816005088/en/

Contacts

Mario Barrafato
Chief Financial Officer
Choice Properties REIT
(416) 628-7872
Mario.Barrafato@choicereit.ca