CEO and CFO buying at Choice Properties REIT (CHP)

CEO and CFO buying at Choice Properties REIT (T:CHP)

Rael Lee Diamond, CEO, acquired 87,891 Trust Units on a direct ownership basis at a price of $12.740 on February 25th, 2021. This represents a $1,119,731 investment into the company's shares and an account share holdings change of 67.6%.

In addition, Mario Barrafato, CFO, acquired 28,125 Trust Units on an indirect ownership basis for registered holder Trust account - restricted units at a price of $12.740 on February 25th, 2021. This represents a $358,312 investment into the company's shares and an account share holdings change of 12.2%.

Choice Properties Real Estate Investment Trust (the Trust) is an unincorporated, open-ended real estate investment trust. The Trust is the owner, manager and developer of retail and other commercial properties across Canada. Its portfolio comprises approximately 727 properties with a total gross leasable area (GLA) of approximately 65 million square feet. Its portfolio includes retail properties, industrial properties, an office complex and undeveloped parcels of land. The retail properties are made up of approximately 320 properties with a standalone retail store operating under a Loblaw banner; approximately 190 properties anchored by a retail store operating under a Loblaw banner that also contain one or more ancillary tenants, and seven properties containing only ancillary tenants. Its subsidiaries include Choice Properties Limited Partnership, Choice Properties GP Inc. and Choice Properties PRC Brampton Limited Partnership.