May 2 (Reuters) - R&R Real Estate Investment Trust RRR_u.V :
* R&R REIT ANNOUNCES US$35.0 MILLION PORTFOLIO ACQUISITION
* R&R REAL ESTATE INVESTMENT TRUST - ACQUISITION IS EXPECTED TO BE IMMEDIATELY ACCRETIVE TO FFO AND ADJUSTED FUNDS FROM OPERATIONS PER UNIT OF REIT
* R&R REAL ESTATE INVESTMENT TRUST - ACQUISITION MUST BE APPROVED BY AFFIRMATIVE VOTE OF A MAJORITY OF MINORITY REIT UNITHOLDERS
* R&R REAL ESTATE INVESTMENT TRUST - INDEPENDENT TRUSTEES OF REIT UNANIMOUSLY RECOMMEND THAT UNITHOLDERS VOTE IN FAVOR OF ACQUISITION
* R&R REAL ESTATE INVESTMENT TRUST - TO ACQUIRE NINE ECONOMY EXTENDED-STAY HOTELS LOCATED IN U.S. FOR AGGREGATE PURCHASE PRICE OF US$35.0 MILLION Source text for Eikon: ID:nCNWFjJg5a Further company coverage: RRR_u.V