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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, in metropolitan markets across British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Quebec. The REIT 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, Agincourt Mazda, Markham Honda and Ford, Elite BMW Service and others.


TSX:APR.UN - Post by User

Post by Dartmam32on Apr 24, 2019 11:07am
132 Views
Post# 29664119

APR.UN is one of the best reits to invest in

APR.UN is one of the best reits to invest inApr.un is still below the price of the unit offering. In October some of the sharpest minds in business led by a group of syndicate investors from TD, BMO and Scotia invested in APR.UN at 10.80 per unit. Today you can get the same shares even cheaper than what they paid for them. And the best part is that the company is in much better shape today than it was then. It wont be long before these underwriters are rewarded and you can do the same.
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