CHC Realty Capital Corp. Announces Closing of Trois-Rivieres Property Acquisition

10/09/2014 18:12 EST

TORONTO, ONTARIO--(Marketwired - Oct. 9, 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 Trois-Rivières, Québec (310 beds in 78 student apartments in six building complexes having a purchase price of $5.5 million). The Company has received final acceptance of the acquisition 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.

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

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

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