January 4, 2018 / 10:15 PM / 6 months ago

BRIEF-Automotive Properties Agrees To Buy Dealership Property In Kitchener-Waterloo For $7.5 Mln

Jan 4 (Reuters) - Automotive Properties Real Estate Investment Trust:

* AUTOMOTIVE PROPERTIES REIT AGREES TO ACQUIRE DEALERSHIP PROPERTY IN KITCHENER-WATERLOO, ON FOR $7.5 MILLION

* AUTOMOTIVE PROPERTIES REIT - EXPECTS TO INVEST APPROXIMATELY $7.5 MILLION INCLUDING PURCHASE PRICE, REDEVELOPMENT COSTS AND RELATED EXPENSES​

* AUTOMOTIVE PROPERTIES REAL ESTATE INVESTMENT TRUST - INTENDS TO SATISFY PURCHASE PRICE THROUGH DRAWS ON ITS EXISTING CREDIT FACILITIES Source text for Eikon: Further company coverage:

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