Recent News
Automotive Properties REIT Announces $50 Million Equity Offering and Agreement to Acquire Three Automotive Properties
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Toronto, October 6, 2025 – Automotive Properties Real Estate Investment Trust (TSX: APR.UN) (the “REIT”) announced today that it has entered into an agreement to sell 3,070,000 units of the REIT (“Units”) on a bought deal basis at a price of $11.11 per Unit (the “Offering Price”) to a syndicate of underwriters bookrun by TD Securities Inc. and Scotiabank for gross proceeds of approximately $34 million (the “Public Offering”).
In addition, ...
Automotive Properties REIT Completes Acquisition of Six Automotive Properties in Île-Perrot, Québec for a Purchase Price of $70.5 Million
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TORONTO, Sept. 25, 2025 /CNW/ - Automotive Properties Real Estate Investment Trust (TSX: APR.UN) ("Automotive Properties REIT" or the "REIT") announced today the completion of its previously announced acquisition of a portfolio of five automotive dealership properties and one collision centre property located in Île-Perrot, Québec, a suburb of Montreal (collectively, the "Île-Perrot Properties") from a third party for a purchase price of approximately $70.5 million.
The Île-Perrot Properties (GM Île-Perrot, Île-Perrot Toyota, Mazda 2-20, ...
