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TORONTO , Feb. 15, 2022 /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 2022 , representing $0.80 per REIT unit on an annualized basis. Payment will be made on March 15, 2022 to unitholders of record as at February 28, 2022 .
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 68 income-producing commercial properties, representing approximately 2.6 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
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