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Automotive Properties REIT Announces May 2023 Distribution

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TORONTO, May 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 May 2023, representing $0.80 per REIT unit on an annualized basis. Payment will be made on June 15, 2023 to unitholders of record as at May 31, 2023.

About Automotive Properties REIT

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

Automotive Properties REIT Reports Financial Results for First Quarter of 2023

TORONTO, May 11, 2023 /CNW/ - Automotive Properties Real Estate Investment Trust (TSX: APR.UN) ("Automotive Properties REIT" or the "REIT") today announced its financial results for the three-month period ended March 31, 2023 ("Q1 2023").

"Our positive momentum continued in the first quarter as acquisitions and contractual rent increases drove year-over-year growth in revenue, Cash NOI, and AFFO per unit," said Milton Lamb, CEO of Automotive Properties REIT. "We've made strong progress with our acquisition program to date this year with the purchase of six properties in Quebec during the ...

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