HealthLease Properties Real Estate Investment Trust Announces January 2014 Distribution

CNW Group

TORONTO , Jan. 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 January 2014 . The distribution will be payable on February 18, 2014 to unitholders of record as at January 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 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

Contact:

Scott White
Executive Vice-President, Finance
HealthLease Properties REIT 
(317) 420-0205
swhite@hlpreit.com

Renée Lam
Investor Relations
TMX Equicom
(416) 815-0700 ext. 258
rlam@tmxequicom.com

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