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TORONTO, Sept. 15,
2023 /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 September 2023,
representing $0.80 per REIT unit on
an annualized basis. Payment will be made on October 16, 2023 to unitholders of record as at
September 29, 2023.
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