TORONTO, Oct. 21, 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
October 2013. The distribution will be payable on November 15, 2013 to
unitholders of record as at October 31, 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
premier portfolio of seniors housing and care facilities located in the
United States and Canada. The properties are leased to experienced
tenant operators who have significant operational experience. 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:
Executive Vice-President, Finance
HealthLease Properties REIT
(416) 815-0700 ext. 258