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TORONTO, May 16, 2022
/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 2022, representing $0.80 per REIT unit on an annualized basis.
Payment will be made on June 15, 2022
to unitholders of record as at May 31,
2022.
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 72 income-producing commercial properties, representing
approximately 2.7 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