− NOT FOR DISTRIBUTION TO U.S. NEWS WIRE
SERVICES OR DISSEMINATION IN THE UNITED
STATES −
TORONTO, May 15, 2024
/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
May 2024, representing $0.80 per REIT unit on an annualized basis.
Payment will be made on June 17, 2024
to unitholders of record as at May 31,
2024.
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 77 income-producing commercial properties,
representing approximately 2.9 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