April 30 (Reuters) - BSR Real Estate Investment Trust HOMu.TO :
* PRESS RELEASE - BSR REIT SELLS FOUR NONCORE ASSETS FOR $31.7 MILLION
* BSR REAL ESTATE INVESTMENT TRUST - NET CASH PROCEEDS OF $19.4 MILLION WAS USED TO RETIRE RELATED MORTGAGE FINANCING
* BSR REAL ESTATE INVESTMENT TRUST - NET CASH PROCEEDS OF $11.2 MILLION USED TO REDUCE BALANCE OUTSTANDING UNDER REIT'S CREDIT FACILITY