Dividend IncreaseThe REIT announced an increase of distributions to $0.77 per unit, up from $0.76 previously, marking an increase of 1.3%.
Financial PerformanceChoice Properties REIT reported financial results that were in line with expectations, highlighted by strong operating performance from its industrial portfolio and improving metrics from the retail portfolio.
Growth OpportunitiesCHP has cited a deal pipeline of ~$350M, including significant industrial opportunities, indicating potential for external growth.