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Automotive Properties REIT
Automotive Properties REIT

-30.38%

Real estate / Real Estate Investment Trust specializing in automotive properties


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Automotive Properties REIT

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Overview
Automotive Properties REIT is a real estate investment trust (REIT) that specializes in owning and acquiring properties used for automotive dealership operations. These properties include automotive dealership facilities, collision repair centers, parts and service centers, and other automotive related properties.
The company was founded in 2015 and is headquartered in Toronto, Canada. It is listed on the Toronto Stock Exchange under the symbol APR.UN.
Automotive Properties REIT’s main objective is to provide investors with stable and growing cash distributions through the ownership of income-producing automotive dealership properties. The company’s portfolio currently consists of over 50 properties located across Canada, leased to a diverse group of automotive dealership operators.
The company’s management team has extensive experience in the automotive industry and real estate investing, which helps them to identify attractive properties and build long-term relationships with dealership operators.
Automotive Properties REIT is governed by a board of trustees and is managed by Automotive Properties Real Estate Investment Trust, a subsidiary of Automotive Properties Operating Partnership LP.
In addition to its focus on providing investors with stable and growing cash distributions, the company also aims to create long-term value for its unitholders by actively managing its properties and pursuing strategic acquisitions and developments.
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Automotive Properties REIT

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