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Automotive Properties Real Estate Investment Trust (APR_u.TO)

APR_u.TO on Toronto Stock Exchange

10.43CAD
19 Jun 2019
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Latest Key Developments (Source: Significant Developments)

Automotive Properties REIT To Acquire Brimell Toyota Dealership Property In Toronto For $26 Mln
Friday, 30 Nov 2018 

Nov 29 (Reuters) - Automotive Properties Real Estate Investment Trust ::AUTOMOTIVE PROPERTIES REIT TO ACQUIRE BRIMELL TOYOTA DEALERSHIP PROPERTY IN TORONTO FOR $26.0 MILLION.AUTOMOTIVE PROPERTIES REAL ESTATE INVESTMENT TRUST - DRIVE AUTOGROUP WILL ACQUIRE BRIMELL TOYOTA DEALERSHIP OPERATING BUSINESS AND WILL BECOME A TENANT OF REIT..AUTOMOTIVE PROPERTIES REAL ESTATE INVESTMENT TRUST - INTENDS TO SATISFY PURCHASE PRICE THROUGH ITS EXISTING REVOLVING CREDIT FACILITIES.  Full Article

Automotive Properties REIT Announces Acquisition Of Two Dealership Properties From Autocanada And $55 Mln Equity Offering
Wednesday, 26 Sep 2018 

Sept 25 (Reuters) - Automotive Properties Real Estate Investment Trust ::AUTOMOTIVE PROPERTIES REIT ANNOUNCES ACQUISITION OF TWO DEALERSHIP PROPERTIES FROM AUTOCANADA AND $55 MILLION EQUITY OFFERING.AUTOMOTIVE PROPERTIES REIT - ALSO ENTERED INTO AN AGREEMENT TO SELL 5.1 MILLION UNITS ON A BOUGHT DEAL BASIS AT A PRICE OF $10.80 PER UNIT.AUTOMOTIVE - ADDITIONS OF BMW LAVAL PROPERTY & SHERWOOD PARK VW PROPERTY ARE EXPECTED TO BE MODERATELY ACCRETIVE TO CO'S RUN-RATE AFFO/UNIT ON LEVERAGE-NEUTRAL BASIS.AUTOMOTIVE - EXPECTS TO FINANCE DEAL THROUGH EXISTING REVOLVING CREDIT FACILITIES; REVOLVING CREDIT FACILITY TO BE PUT IN PLACE IN CONJUNCTION WITH DEAL.  Full Article

Automotive Properties Agrees To Buy Dealership Property In Kitchener-Waterloo For $7.5 Mln
Friday, 5 Jan 2018 

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.  Full Article

Automotive Properties REIT Extends & Increases Credit Facility
Tuesday, 19 Dec 2017 

Dec 19 (Reuters) - Automotive Properties Real Estate Investment Trust ::AUTOMOTIVE PROPERTIES REIT EXTENDS AND INCREASES CREDIT FACILITY.AUTOMOTIVE PROPERTIES REAL ESTATE INVESTMENT TRUST - ‍REPLACED EXISTING $14.6 MILLION REVOLVING CREDIT FACILITY WITH NEW $34.0 MILLION CREDIT FACILITY.AUTOMOTIVE PROPERTIES REAL ESTATE INVESTMENT TRUST - NEW FACILITY HAS $20.0 MILLION NON-REVOLVING LOAN, $14.0 MILLION REVOLVING CREDIT FACILITY.  Full Article

Automotive Properties REIT Agrees To Acquire Mazda Dealership Property In Montreal For $8.0 Mln
Monday, 11 Dec 2017 

Dec 11 (Reuters) - Automotive Properties Real Estate Investment Trust ::AUTOMOTIVE PROPERTIES REIT AGREES TO ACQUIRE MAZDA DEALERSHIP PROPERTY IN MONTREAL FOR $8.0 MILLION.AUTOMOTIVE PROPERTIES REAL ESTATE INVESTMENT TRUST - ‍AUTOMOTIVE PROPERTIES REIT AGREES TO ACQUIRE MAZDA DEALERSHIP PROPERTY IN MONTREAL FOR $8.0 MILLION​.AUTOMOTIVE PROPERTIES - ‍ADDITION OF PROPERTY IS EXPECTED TO BE ACCRETIVE TO REIT'S ADJUSTED FUNDS FROM OPERATIONS ON A PER UNIT BASIS​.  Full Article

Automotive Properties REIT to buy two dealership properties
Thursday, 23 Nov 2017 

Nov 22 (Reuters) - Automotive Properties Real Estate Investment Trust ::Automotive Properties REIT agrees to acquire two dealership properties and a vehicle service compound facility in Edmonton for a combined purchase price of $23.2 million.Automotive Properties REIT - ‍addition of properties to reit's portfolio is expected to be accretive to REIT's AFFO on a per unit basis​.Automotive Properties REIT - ‍intends to satisfy cumulative purchase price through existing credit facilities and cash on hand​.  Full Article

Automotive Properties REIT reports financial results for third quarter
Friday, 10 Nov 2017 

Nov 9 (Reuters) - Automotive Properties Real Estate Investment Trust :Automotive Properties REIT reports financial results for third quarter of 2017.Automotive Properties Real Estate Investment Trust-qtrly ‍FFO per unit $0.244​.Automotive Properties Real Estate Investment Trust-qtrly ‍AFFO per unit $0.222​.  Full Article