HealthLease Properties Real Estate Investment Trust Announces July 2014 Distribution

CNW Group

TORONTO , July 21, 2014 /CNW/ - HealthLease Properties Real Estate Investment Trust (the "REIT") (HLP-UN.TO) announced today a cash distribution in the amount of $0.07083 per unit for the month of July 2014 . The distribution will be payable on August 15, 2014 to unitholders of record as at July 31, 2014 .

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 (HLP-UN.TO) owns one of the youngest and highest quality portfolios of seniors housing and care facilities with 52 properties - 13 in two Canadian provinces and 39 in eight U.S. states - for a total of 5,224 beds.  The facilities 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 meets the growing demands 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

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Contact:

Adlai Chester
Chief Financial Officer
HealthLease Properties REIT
(317) 420-0205

Renée Lam
Investor Relations
TMX Equicom
(416) 815-0700 ext. 258

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