HealthLease Properties Real Estate Investment Trust Announces April 2013 Distribution

TORONTO, April 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 April 2013. The distribution will be payable on May 15, 2013 to unitholders of record as at April 30, 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:

Adlai Chester
Chief Financial Officer
HealthLease Properties REIT 
[phone] ext. 106

Salvador Diaz
Investor Relations
TMX Equicom
[phone] ext. 242