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SERVICES OR DISSEMINATION IN THE UNITED
STATES/
TORONTO, Feb. 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 February 2023,
representing $0.80 per REIT unit on
an annualized basis. Payment will be made on March 15, 2023 to unitholders of record as at
February 28, 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 76 income-producing commercial properties,
representing approximately 2.8 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