July 28 (Reuters) - Chartwell Retirement Residences CSH_u.TO :
* Chartwell announces acquisition of a modern retirement residence in Midland, Ontario
* Aggregate purchase price of $31.5 million
* Purchase price will be settled in cash,
* Entered into a definitive agreement to acquire 121-suite tiffin house retirement residence in Midland, Ontario
* Chartwell estimates that, upon stabilization, acquisition will generate an unlevered yield of 7.6% Source text for Eikon: ID:nMKW56XYxa Further company coverage: CSH_u.TO
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