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Automotive Properties Real Estate Investment Trust T.APR.UN

Alternate Symbol(s):  APPTF

Automotive Properties Real Estate Investment Trust (the REIT) is a Canada-based open-ended real estate investment trust. The REIT is focused on owning and acquiring primarily income-producing automotive dealership properties located in Canada. The REIT's portfolio consists of 77 income-producing commercial properties, representing approximately 2.9 million square feet of gross leasable area, on approximately 249 acres of land in metropolitan markets across British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Quebec. The REIT is a public vehicle, which is focused on consolidating automotive dealership real estate properties. Its properties include Porsche Centre Vancouver, Audi Sales Downtown Vancouver, Calgary BMW, Calgary Honda, Regina Honda, Dilawri Nissan Infiniti, Regina Hyundai, Tesla Edmonton, Go Mazda, Porsche Centre and Jaguar Land Rover Edmonton, McNaught Cadillac Buick GMC, St. James Volkswagen, Tesla KW, Guelph Hyundai, Wellington Motors, and others.


TSX:APR.UN - Post by User

Automotive Properties Real Estate Investment Trust > Concern re EV mandate?
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Post by CanSiamCypon Jan 15, 2024 11:56am
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Post# 35827071

Concern re EV mandate?

Concern re EV mandate?Anyone else concerned about Team Turdo's mandated 100% new EV sales by 2035? Seems to me that consumers are resisting incentives to purchase EVs at present AND as evidenced by Alberta's electricity constraints in recent days, it seems the electric grid will not be able to handle any extra load!

While one might think that logic and reason will ultimately result in modifications to Turdo's Targets ... our experience over the past 8 years of shambolic government does not support that ... as in: immigration, housing, health care, passport issuance, etc., etc., etc., etc.!

Conceivably, APR.un's rent-paying car dealerships could be in for some turbulent times ahead! I hope that is not the case, but still more than a bit concerned!

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