Automotive Properties REIT Announces October 2022 Distribution
/NOT FOR DISTRIBUTION TO UNITED STATES NEWS SERVICES OR FOR DISTRIBUTION IN UNITED STATES/
TORONTO, October 17, 2022 /CNW/ – Automotive Properties Real Estate Investment Trust APR (the “REIT”) today announced a cash distribution of $0.067 per REIT unit for the month of October 2022representing $0.80 per REIT unit on an annualized basis. Payment will be made on November 15, 2022 to unitholders registered on the October 31, 2022.
About Automotive Properties REIT
Automotive Properties REIT is an unincorporated open-ended real estate investment trust focused on the ownership and acquisition of primarily income-generating automotive dealership properties located in Canada. The REIT’s portfolio currently consists of 72 income-generating commercial properties, representing approximately 2.7 million square feet of gross leasable area, in the metropolitan markets of British Columbia, alberta, Saskatchewan, Manitoba, Ontario and Quebec. Automotive Properties REIT is the only public vehicle in Canada focused on consolidating the real estate assets of car dealerships. For more information, please visit: www.automotivepropertiesreit.ca.
SOURCE Automotive Properties Real Estate Investment Trust
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