HealthLease Properties Real Estate Investment Trust Files 2012 Second Quarter Financial Results
TORONTO, Aug. 9, 2012 /CNW/ - HealthLease Properties Real Estate Investment Trust (HLP.UN) ("HealthLease" or "the REIT") today announced that it has filed its financial results for the three- and six-month periods ending June 30, 2012, together with Management's Discussion and Analysis, with the Canadian Securities Administrators on the System for Electronic Document Analysis and Retrieval ("SEDAR"). The financial statements reflect the results for the 11 days of the quarter following the completion of the REIT's initial public offering on June 20, 2012, consolidated with the results of the Mainstreet Senior Care Portfolio that were accounted for on the continuity basis. As a result of the accounting treatment, the results during the quarter are not representative of a typical quarter and, as such, are not useful for analyzing the REIT's results.
HealthLease's second quarter Financial Statements and corresponding Management's Discussion and Analysis are also available on the REIT's website at www.hlpreit.com.
About HealthLease Properties Real Estate Investment Trust
HealthLease Properties Real Estate Investment Trust 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.
SOURCE: HealthLease Properties Real Estate Investment Trust
Adlai Chester
Chief Financial Officer
HealthLease Properties REIT
(317) 420-0205 ext. 106
Salvador Diaz
Investor Relations
TMX Equicom
(416) 815-0700 ext. 242
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