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TORONTO, May 15, 2020 /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 2020, representing $0.80 per REIT unit on an annualized basis. Payment will be made on June 15, 2020 to unitholders of record as at May 29, 2020.
About Automotive Properties REIT
Automotive Properties REIT is an unincorporated, open-ended ...
TORONTO, May 14, 2020 /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, 2020 ("Q1 2020") and provided an operational update.
"We generated solid increases in revenue, NOI and AFFO in Q1 2020, reflecting the continued growth from both our property acquisitions and contractual rent increases," said Milton Lamb, CEO of Automotive Properties REIT. "Since mid-March, the COVID-19 pandemic has ...