Automotive Properties REIT Announces August 2022 Distribution
Canada NewsWire
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN
THE UNITED STATES
/
TORONTO
,
Aug. 15, 2022
/CNW/ – Automotive Properties Real Estate Investment Trust (
TSX
: APR.UN) (the ”
REIT
“) today announced a cash distribution of
$0.067
per
REIT
unit for the month of
August 2022
, representing
$0.80
per
REIT
unit on an annualized basis. Payment will be made on
September 15, 2022
to unitholders of record as at
August 31, 2022
.
About Automotive Properties REIT
Automotive Properties REIT is an unincorporated, open-ended real estate investment trust focused on owning and acquiring primarily income-producing automotive dealership properties located in
Canada
. The REIT’s portfolio currently consists of 72 income-producing commercial properties, representing approximately 2.7 million square feet of gross leasable area, in metropolitan markets across
British Columbia
,
Alberta
,
Saskatchewan
,
Manitoba
,
Ontario
and Québec. Automotive Properties REIT is the only public vehicle in
Canada
focused on consolidating automotive dealership real estate properties. For more information, please visit:
www.automotivepropertiesreit.ca
.
SOURCE Automotive Properties Real Estate Investment Trust
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