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TORONTO, May 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 May 2024, representing $0.80 per REIT unit on an annualized basis. Payment will be made on June 17, 2024 to unitholders of record as at May 31, 2024.

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

TORONTO, May 14, 2024 /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, 2024 ("Q1 2024") "We generated continued solid financial performance in the quarter, reflecting growth from our contractual rent increases and acquisitions completed last year," said Milton Lamb, CEO of Automotive Properties REIT. "Given the fixed and CPI-linked annual rent increases built into our triple-net leases, we expect ongoing steady organic growth, while we continue to pursue strategic acquisition ...