Automotive Properties REIT Announces January 2017 Distribution

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Automotive Properties REIT Announces January 2017 Distribution

Canada NewsWire

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/

TORONTO, Jan. 16, 2017 /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 January 2017, representing $0.80 per REIT unit on an annualized basis. Payment will be made on February 15, 2017 to unitholders of record as at January 31, 2017.

About Automotive Properties REIT

Automotive Properties REIT is an unincorporated, open-ended real estate investment trust focused on owning and acquiring primarily income-producing automotive dealership properties located in Canada. The REIT's portfolio of 32 income producing commercial properties represents approximately 1.3 million square feet of gross leasable area in Ontario, Saskatchewan, Alberta, British Columbia and Qu├ębec. Automotive Properties REIT is the only public vehicle in Canada focused on consolidating automotive dealership real estate properties. For more information, please visit: www.automotivepropertiesreit.ca

SOURCE Automotive Properties Real Estate Investment Trust

To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/January2017/16/c3375.html

Copyright CNW Group 2017

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