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TORONTO, Nov. 15,
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 November 2022,
representing $0.80 per REIT unit on
an annualized basis. Payment will be made on December 15, 2022 to unitholders of record as at
November 30, 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