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Automotive Properties REIT Announces Agreements to Acquire One Automotive Property in Tampa and Two Construction Equipment Dealership Properties in Greater Montreal
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TORONTO, Oct. 31, 2024 /CNW/ - Automotive Properties Real Estate Investment Trust (TSX: APR.UN) ("Automotive Properties REIT" or the "REIT") announced today that it has entered into two separate agreements to acquire a total of three properties (the "Acquisitions"). The first agreement is to acquire a Rivian-tenanted automotive property in Tampa, Florida (the "Tampa Property") for a purchase price of approximately US$13.5 million. The second agreement is to acquire two heavy construction equipment dealership properties ...
Automotive Properties REIT Announces October 2024 Distribution
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TORONTO, Oct. 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 October 2024, representing $0.80 per REIT unit on an annualized basis. Payment will be made on November 15, 2024 to unitholders of record as at October 31, 2024.
About Automotive Properties REIT
Automotive Properties REIT is an unincorporated, open-ended real estate investment trust focused ...