Sept 20 (Reuters) - Choice Properties Real Estate Investment Trust CHP_u.TO :
* CHOICE PROPERTIES REAL ESTATE INVESTMENT TRUST ANNOUNCES $426 MILLION PORTFOLIO DISPOSITION
* CHOICE PROPERTIES REAL ESTATE INVESTMENT TRUST - AGREEMENT TO SELL A 30 PROPERTY PORTFOLIO FOR ABOUT $426 MILLION TO THIRD PARTY PURCHASER
* CHOICE PROPERTIES REIT - PURCHASER HAS OPTION TO ACQUIRE TWO ADDITIONAL STAND-ALONE RETAIL PROPERTIES FOR AN AGGREGATE SALE PRICE OF ABOUT $29 MILLION
* CHOICE PROPERTIES REAL ESTATE INVESTMENT TRUST - PROCEEDS FROM TRANSACTION WILL BE USED TO REPAY DEBT