− Not for distribution to U.S. News Wire Services or dissemination in the United States −

TORONTO, Aug. 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 August 2024, representing $0.80 per REIT unit on an annualized basis. Payment will be made on September 16, 2024 to unitholders of record as at August 30, 2024.

About Automotive Properties REIT

Automotive Properties REIT is an unincorporated, open-ended real estate investment trust ...

TORONTO, Aug. 14, 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 ("Q2 2024") and six-month ("YTD 2024") periods ended June 30, 2024.

"We generated continued growth in rental revenue, Cash NOI and AFFO per Unit in the second 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 an agreement to unlock substantial value ...