Brief: BSR REIT Acquires Riverhill Apartments Property

BSR Real Estate Investment Trust

20/12/2018 22:29

Dec 20 (Reuters) - BSR Real Estate Investment Trust
 HOMu.TO :
    * BSR REIT ACQUIRES RIVERHILL APARTMENTS PROPERTY IN
DALLAS-FORT
WORTH MSA
    * BSR REAL ESTATE INVESTMENT TRUST - DEAL FOR US$45.2
MILLION
    * BSR REAL ESTATE INVESTMENT TRUST - TRANSACTION WAS FUNDED
UTILIZING REIT'S REVOLVING CREDIT FACILITY
    * BSR REAL ESTATE INVESTMENT TRUST -DEAL EXPECTED TO BE
IMMEDIATELY ACCRETIVE TO REIT'S ADJUSTED FUNDS FROM OPERATIONS
ON A PER UNIT BASIS

Source text for Eikon:  ID:nCNWCVKywa 
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