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Automotive Properties REIT Completes $92 Million Equity Offering

122627feedYesenAutomotive Properties REIT Completes $92 Million Equity Offering

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TORONTO, Dec. 23, 2019 /CNW/ - Automotive Properties Real Estate Investment Trust (TSX: APR.UN) ("Automotive Properties REIT" or the "REIT") announced today that it has closed its previously announced bought deal public offering of 7,900,500 units at a price of $11.65 per unit to a syndicate of underwriters bookrun by TD Securities Inc., BMO Capital Markets and Scotiabank for gross proceeds of approximately $92 million (the "Offering"). The Offering included ...
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Automotive Properties REIT Completes Straightline Kia Property Acquisition

122626feedYesenAutomotive Properties REIT Completes Straightline Kia Property Acquisition

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TORONTO, Dec. 16, 2019 /CNW/ - Automotive Properties Real Estate Investment Trust (TSX: APR.UN) ("Automotive Properties REIT" or the "REIT") announced today that it has completed the previously-announced acquisition of the Straightline Kia automotive dealership property (the "Property") located in Calgary, Alberta, from an affiliate of the JV Driver Group ("JV Driver"), for a purchase price of approximately $8.4 million.

Concurrent with the REIT's acquisition of the Property, Straightline ...
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