March 16 (Reuters) - BSR Real Estate Investment Trust HOMu.TO :
* BSR REIT ACQUIRES ARIZA PLUM CREEK APARTMENTS IN AUSTIN MARKET FOR $55.0 MILLION
* BSR REAL ESTATE INVESTMENT TRUST - TRANSACTION WAS FUNDED WITH $35.8 MILLION IN MORTGAGE DEBT, AND REIT'S CREDIT FACILITY WAS USED FOR BALANCE
* BSR REAL ESTATE INVESTMENT TRUST - ADDITION OF PROPERTY IS EXPECTED TO BE IMMEDIATELY ACCRETIVE TO REIT'S AFFO ON A PER UNIT BASIS