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TORONTO, Dec. 15, 2021 /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
December 2021, representing
$0.80 per REIT unit on an annualized
basis. Payment will be made on January 17,
2022 to unitholders of record as at December 31, 2021.
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 66 income-producing commercial properties, representing
approximately 2.5 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