Automotive Properties REIT Announces January 2018 Distribution
January 15 2018 - 12:07PM
PR Newswire (Canada)
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE
SERVICES OR DISSEMINATION IN THE UNITED
STATES/
TORONTO, Jan. 15, 2018 /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
January 2018, representing
$0.80 per REIT unit on an annualized
basis. Payment will be made on February 15,
2018 to unitholders of record as at January 31, 2018.
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. Currently, the REIT's
portfolio consists of 39 income-producing commercial properties
representing approximately 1.4 million square feet of gross
leasable area in metropolitan markets across Ontario, Saskatchewan, Alberta, British
Columbia 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
Copyright 2018 Canada NewsWire
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