Choice Properties REIT (CHP) has notable insider buying

Choice Properties REIT (T:CHP)

Collins, a Senior Officer, acquired 22,819 Trust Units on an indirect ownership basis for registered holder Trust account - restricted units at a price of $14.790 through the public market on February 28th, 2023. This represents a $337,493 investment into the company's shares and an account share holdings change of greater than 100%.

Ana Radic, a Senior Officer, acquired 25,355 Trust Units on an indirect ownership basis for registered holder Trust account - restricted units at a price of $14.790 through the public market on February 28th, 2023. This represents a $375,000 investment into the company's shares and an account share holdings change of 43.9%.

Choice Properties Real Estate Investment Trust (the Trust) is an unincorporated, open-ended mutual fund trust. The Trust is the owner, manager and developer of retail and other commercial properties across Canada. Its portfolio comprises approximately 712 properties with a total gross leasable area (GLA) of approximately 66 million square feet. Its portfolio includes retail properties, industrial properties, an office complex and residential properties. The retail properties are made up of approximately 576 properties with a standalone retail store operating under a Loblaw banner. The Company's industrial properties are made up of approximately 122 properties. The Company's office complex includes approximately 10 properties and its residential properties are made up of approximately 4 properties. The Company's subsidiaries include Choice Properties Limited Partnership and Choice Properties GP Inc.