Automotive Properties REIT Announces August 2018 Distribution
August 15 2018 - 11:23AM
PR Newswire (Canada)
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES
OR DISSEMINATION IN THE UNITED
STATES/
TORONTO, Aug. 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
August 2018, representing
$0.80 per REIT unit on an annualized
basis. Payment will be made on September 17,
2018 to unitholders of record as at August 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. The REIT's portfolio currently
consists of 40 income-producing commercial properties, representing
approximately 1.5 million square feet of gross leasable area, and
one development property 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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