Automotive Properties REIT Announces April 2018 Distribution
April 16 2018 - 2:45PM
PR Newswire (Canada)
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE
SERVICES OR DISSEMINATION IN THE UNITED
STATES/
TORONTO, April 16, 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 April
2018, representing $0.80 per
REIT unit on an annualized basis. Payment will be made on
May 15, 2018 to unitholders of record
as at April 30, 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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