TORONTO, Oct. 19, 2012 /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 2012. The distribution will be payable on November 15, 2012 to unitholders of record as at October 31, 2012.
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 Midwestern U.S. and Western Canada. Its 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. 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. 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