Automotive Properties REIT Announces Agreements to Acquire Six Automotive Dealership Properties in Quebec for an Aggregate Purchase Price of $98.5 Million
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TORONTO, Dec. 21, 2022 /CNW/ - Automotive Properties Real Estate Investment Trust (TSX: APR.UN) ("Automotive Properties REIT" or the "REIT") announced today that it has entered into multiple agreements (the "Acquisitions") to purchase six automotive dealership properties in Quebec (the "Properties") from separate third parties for an aggregate purchase price of approximately $98.5 million.
The Properties comprise a total of 187,421 square feet of gross leasable area located on approximately 21.7 ...
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TORONTO, Dec. 15, 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 December 2022, representing $0.80 per REIT unit on an annualized basis. Payment will be made on January 16, 2023 to unitholders of record as at December 30, 2022.
About Automotive Properties REIT
Automotive Properties REIT is an unincorporated, open-ended real estate investment trust focused on owning ...