TORONTO, March 19, 2013 /CNW/ - HealthLease Properties Real Estate
Investment Trust (the "REIT") (TSX: HLP.UN) announced today a cash
distribution in the amount of $0.07083 per unit for the month of March
2013. The distribution will be payable on April 15, 2013 to unitholders
of record as at March 28, 2013.
Unitholders can participate in the REIT's Distribution Reinvestment Plan
("DRIP"). The DRIP allows unitholders of the REIT, who are resident in
Canada, to automatically reinvest monthly cash distributions paid on
their Trust Units in additional Trust Units, plus bonus Trust Units
equivalent to 3% of the distributions reinvested. The DRIP offers
unitholders the opportunity to increase their ownership in the REIT on
a regular basis without incurring any commission or brokerage fees.
Complete details on the DRIP are available at the REIT's website (www.hlpreit.com) or from a unitholder's investment advisor.
About HealthLease Properties Real Estate Investment Trust
HealthLease Properties Real Estate Investment Trust (TSX: HLP.UN) owns a
portfolio of seniors housing and care facilities located in the United
States and Canada. The facilities are leased to experienced tenant
operators who have significant operational experience in the U.S. and
Canada. The leases are structured as long-term and triple-net, features
that provide stability and dependability to the REIT's cash flow and
distributions. The REIT's best-in-class portfolio of properties meets
the needs of modern seniors by emphasizing features such as hotel-like
design, private rooms and baths, and hospitality-inspired amenities.
For more information, visit www.hlpreit.com.
SOURCE: HealthLease Properties Real Estate Investment Trust
For further information:
Chief Financial Officer
HealthLease Properties REIT
(317) 420-0205 ext. 106
(416) 815-0700 ext. 242