TORONTO, July 19, 2012 /CNW/ - HealthLease Properties Real Estate Investment Trust (HLP.UN) announced today its first cash distribution in the amount of $0.0978 per unit for the period June 20 to July 31, 2012. The distribution will be payable on August 15, 2012 to unitholders of record as of July 31, 2012.
About HealthLease Properties Real Estate Investment Trust
HealthLease Properties REIT owns a portfolio of seniors housing and care facilities, located in the Midwestern U.S. and Western Canada. The properties meet the needs of modern seniors by emphasizing features such as hotel-like design, private rooms and baths, and hospitality-inspired amenities. The facilities are leased to experienced tenant operators who have significant operational experience in both 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. For more information, visit www.hlpreit.com.
For further information:
HealthLease Properties REIT
Chief Financial Officer
(317) 420-0205 ext. 106