April 24 (Reuters) - Choice Properties Real Estate Investment Trust CHP_u.TO :
* Choice properties real estate investment trust reports solid results for the first quarter of 2017 and announces 4.2pct increase to annual distributions
* Qtrly rental revenue of $203.4 million, an increase of $11.2 million
* Qtrly funds from operations per unit diluted of $0.264
* Q1 FFO per share view C$0.25 -- Thomson Reuters I/B/E/S
* Qtrly net operating income $142.4 million versus $132.4 million
* Qtrly occupancy 98.8pct versus 98.7pct
* Choice Properties Real Estate Investment Trust - in 2017, co expects to invest approximately $192 million in development projects
* Choice Properties Real Estate Investment Trust-in 2017,co expects to maintain total occupancy rate of about 98pct, with occupancy rate for ancillary GLA in 90pct range Source text for Eikon: ID:nCNWz0RQRa Further company coverage: CHP_u.TO