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Automotive Properties REIT Announces November 2024 Distribution
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TORONTO, Nov. 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 November 2024, representing $0.80 per REIT unit on an annualized basis. Payment will be made on December 16, 2024 to unitholders of record as at November 29, 2024.
About Automotive Properties REIT
Automotive Properties REIT is an unincorporated, open-ended real estate investment trust focused on ...
Automotive Properties REIT Reports Financial Results for Third Quarter of 2024
TORONTO, Nov. 13, 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 ("Q3 2024") and nine-month ("YTD 2024") periods ended September 30, 2024.
"We generated continued growth in rental revenue, Cash NOI and AFFO per Unit in the quarter, supported by the fixed and CPI-linked annual rent increases built into our leases," said Milton Lamb, CEO of Automotive Properties REIT. "Subsequent to quarter end, we entered into agreements to acquire three properties, including ...