Opportunity to Gain Exposure to a Unique Real Estate Asset Class: The REIT’s automotive dealership properties are located in urban areas that are specifically zoned for automotive retail use. A defensive asset class, these properties represent a strategic and fundamental part of the automotive manufacturers’ brand and distribution network. Automotive Dealership Properties Benefit from Strong Underlying Fundamentals: In 2015, the Canadian automotive retail industry generated sales of approximately $128 billion, representing approximately 25% of Canada’s overall retail sales of products and merchandise. From 2010 to 2015, automotive retail sales increased at a compound annual growth rate of 6.1%, while generating consistent profit margins. Portfolio of High-Quality and Strategically Located Automotive Dealership Properties: The REIT’s portfolio consists of 30 high-quality properties representing over one million square feet of gross leasable area. The properties are generally located along major transportation arteries with high visibility and convenient consumer access and have a weighted average age of approximately 8 years and meet or exceed the latest automotive manufacturers’ standards. Significant Growth Opportunities: The REIT is well-positioned to capitalize on growth opportunities, including (i) accretive acquisitions from third parties; (ii) accretive acquisitions from the Dilawri Group; and (iii) contractual annual rent escalations. The fragmented nature of the Canadian automotive dealership industry is expected to provide the REIT with a significant pipeline of acquisition opportunities in the future. Strong Lead Tenant with Significant Alignment of Interest: With combined revenues of approximately $2.0 billion in 2015, the REIT’s lead tenant, the Dilawri Group, is the largest automotive dealership group in Canada, representing virtually every major automotive brand. The interests of the REIT and Dilawri are strategically aligned through Dilawri’s 45% effective interest in the REIT. Excellent Leasing Profile: The REIT’s portfolio has a weighted average lease term of approximately 14 years. Leases are structured as triple-net leases under which the tenant is responsible for all costs relating to repair and maintenance, realty taxes, property insurance, utilities and non-structural capital improvements. 29 of the REIT’s 30 property leases include fixed rent escalators, providing for consistent revenue growth. Attractive Cash Distributions: The REIT is currently paying monthly cash distributions of $0.067 per Unit, representing $0.80 per Unit on an annualized basis. Distributions will be classified as either income, return of capital, or a combination of income and capital. The REIT will disclose the final tax treatment for annual unitholder distributions via T3 Form. Experienced Executive Management and Strong Independent Board: The REIT’s President and Chief Executive Officer, Milton Lamb, has over 25 years of experience in the commercial real estate industry and its Chief Financial Officer, Andrew Kalra, has over 20 years of experience in finance, including over 14 years of experience in the automotive industry. The REIT’s Board, the majority of whom are independent, has extensive collective experience in the automotive and real estate industries, capital markets and corporate governance.