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Automotive Properties REIT Announces April 2022 Distribution

122687feedYesenAutomotive Properties REIT Announces April 2022 Distribution

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TORONTO, April 18, 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 April 2022, representing $0.80 per REIT unit on an annualized basis. Payment will be made on May 16, 2022 to unitholders of record as at April 29, 2022.

About Automotive Properties REIT
Automotive Properties REIT is an unincorporated, open-ended real ...

Automotive Properties REIT Extends and Increases Credit Facility

122686feedYesenAutomotive Properties REIT Extends and Increases Credit Facility

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TORONTO, April 13, 2022 /CNW/ - Automotive Properties Real Estate Investment Trust (TSX: APR.UN) (the "REIT") today announced that it has extended the maturity of one of its existing credit facilities ("Credit Facility 1") for a five-year term to June 2027 and increased the amount available under the non-revolving component of Credit Facility 1 from $176.3 million to $226.3 million. The additional $50 million will be drawn to pay down existing indebtedness under the REIT's revolving ...

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