CHC Realty Capital Corp.

September 11, 2014 12:33 ET

CHC Realty Capital Corp. Announces Closing of Windsor Property Acquisition

TORONTO, ONTARIO--(Marketwired - Sept. 11, 2014) - CHC Realty Capital Corp. ("CHC" or the "Company") (TSX VENTURE:CHC) is pleased to announce that it has today closed its previously announced acquisition of a student housing property located in Windsor, Ontario (117 beds in 87 student apartments in two buildings having a purchase price of $5.9 million). The acquisition remains subject to final acceptance from the TSX Venture Exchange.

About CHC Realty Capital Corp.

CHC Realty Capital Corp. is an owner and operator of student housing properties which is focused on acquiring high quality properties in close proximity to universities and colleges in primary and well understood secondary markets in Canada.

The TSXV has in no way passed upon the merits of the transaction and has neither approved nor disapproved the contents of this press release. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Mark Hansen, President and Chief Executive Officer
    CHC Realty Capital Corp.
    Telephone: (647) 288-9355

    Robert Waxman, Chief Financial Officer
    CHC Realty Capital Corp.
    Telephone: (647) 288-9375