Automotive Properties REIT Announces August 2021 Distribution
CNW Group - CND - 1 hour ago
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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 2021, representing $0.80 per REIT unit on an annualized basis. Payment will be made on September 15, 2021 to unitholders of record as at August 31, 2021.
About Automotive Properties REITAutomotive 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 Qubec. 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