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Automotive Properties REIT Announces April 2025 Distribution
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TORONTO, April 15, 2025 /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 April 2025, representing $0.804 per REIT unit on an annualized basis. Payment will be made on May 15, 2025 to unitholders of record as at April 30, 2025.
About Automotive Properties REIT
Automotive Properties REIT is an unincorporated, open-ended real estate investment trust focused on owning ...
Automotive Properties REIT Completes Acquisition of Automotive Property in Tampa, Florida for a Purchase Price of US$13.5 Million
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TORONTO, April 14, 2025 /CNW/ - Automotive Properties Real Estate Investment Trust (TSX: APR.UN) ("Automotive Properties REIT" or the "REIT") announced today the completion of its previously announced acquisition of an automotive property (the "Property") in Tampa, Florida, from a third party for a purchase price of approximately US$13.5 million, including closing costs.
The Property is tenanted by Rivian LLC, a leading American developer and manufacturer of electric vehicles and accessories, under a long term, ...
