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BRIEF-Automotive Properties REIT agrees to acquire Mercedes-Benz West Island dealership property
December 19, 2016 / 10:43 PM / 7 months ago

BRIEF-Automotive Properties REIT agrees to acquire Mercedes-Benz West Island dealership property

1 Min Read

Dec 19 (Reuters) - Automotive Properties Real Estate Investment Trust

* Addition of property is expected to be immediately accretive to REIT's AFFO on a per unit basis

* REIT intends to satisfy purchase price through draws on its existing credit facilities

* Automotive Properties REIT agrees to acquire MERCEDES-BENZ West Island dealership property in Montreal for $20.3 million Source text for Eikon: Further company coverage:

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