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TORONTO, Nov. 16, 2015 /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 November, representing $0.80 per REIT unit on an annualized basis. Payment will be made on December 15, 2015 to unitholders of record as at November 30, 2015.
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 of 26 income producing commercial properties represents approximately 958,000 square feet of gross leasable area in Ontario, Saskatchewan, Alberta and British Columbia. 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