Mr. Milton Lamb reports
AUTOMOTIVE PROPERTIES REIT ANNOUNCES SEPTEMBER 2018 DISTRIBUTION
Automotive Properties Real Estate Investment Trust has declared a cash distribution of 6.7 cents per REIT unit for the month of September, 2018, representing 80 cents per REIT unit on an annualized basis. The payment will be made on Oct. 15, 2018, to unitholders of record as at Sept. 28, 2018.
About Automotive Properties Real Estate Investment Trust
Automotive Properties is an unincorporated, open-ended real estate investment trust focused on owning and acquiring primarily income-producing automotive dealership properties located in Canada. Currently, the REIT's portfolio consists of 40 income-producing commercial properties representing approximately 1.5 million square feet of gross leasable area in metropolitan markets across Ontario, Saskatchewan, Alberta, British Columbia and Quebec. Automotive Properties is the only public vehicle in Canada focused on consolidating automotive dealership real estate properties.
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