Choice Properties REIT (CHP) has notable insider buying

Choice Properties REIT (T:CHP)

Mario Barrafato, CFO, acquired 3,401 Trust Units on an indirect ownership basis for registered holder Trust account - restricted units at a price of $13.990 through the public market on August 1st, 2023. This represents a $47,580 investment into the company's shares and an account share holdings change of 1.2%.

Rael Lee Diamond, CEO and Director, acquired 10,916 Trust Units on an indirect ownership basis for registered holder Trust account - restricted units at a price of $13.990 through the public market on August 1st, 2023. This represents a $152,715 investment into the company's shares and an account share holdings change of 1.6%.

Diane Ann Kazarian, a Director, acquired 942 Trust Units on a direct ownership basis at a price of $13.920 through the public market on July 31st, 2023. This represents a $13,113 investment into the company's shares and an account share holdings change of 7.5%.

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.