Automotive Properties REIT Announces July 2018 Distribution
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TORONTO, July 16, 2018 /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 July 2018, representing $0.80 per REIT unit on an annualized basis. Payment will be made on August 15, 2018 to unitholders of record as at July 31, 2018.
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 40 income-producing commercial properties, representing approximately 1.5 million square feet of gross leasable area, and one development property in metropolitan markets across Ontario, Saskatchewan, Alberta, British Columbia 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
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