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Automotive Properties REIT Announces March 2024 Distribution

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TORONTO, March 15, 2024 /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 March 2024, representing $0.80 per REIT unit on an annualized basis. Payment will be made on April 15, 2024 to unitholders of record as at March 28, 2024.

About Automotive Properties REIT

Automotive Properties REIT is an unincorporated, open-ended real estate investment trust focused on owning ...

Automotive Properties REIT Reports 2023 Fourth Quarter and Year-End Results

TORONTOMarch 7, 2024 /CNW/ - Automotive Properties Real Estate Investment Trust (TSX: APR.UN) ("Automotive Properties REIT" or the "REIT") today announced its financial results for the fourth quarter ("Q4 2023") and year ended December 31, 2023 ("2023").

"We continued to generate strong financial performance with growth in rental revenue, Cash NOI, same property Cash NOI and AFFO per Unit for both the fourth quarter and full year," said Milton Lamb, CEO of Automotive Properties REIT. "Given the combination of fixed and CPI-linked annual rent increases built into our triple-net leases, our ...

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