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Automotive Properties Real Estate Investment Trust APPTF

Primary Symbol: T.APR.UN

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

Automotive Properties Real Estate Investment Trust > In the News Tuesday FYI

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Post by TimeBuilderon Jul 20, 2022 10:03pm

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Post# 34839051

In the News Tuesday FYI

TWC Enterprises Limited Increases Ownership Position in Automotive Properties REIT

Globe Newswire - Tue Jul 19, 1:12PM CDT

KING CITY, Ontario, July 19, 2022 (GLOBE NEWSWIRE) -- TWC Enterprises Limited (“TWC”) today announced that, it has acquired beneficial ownership of, or control or direction over 800,900 trust units (“Units”) of Automotive Properties Real Estate Investment Trust (“REIT”) (TSX: APR.UN), through the facilities of the Toronto Stock Exchange and alternative Canadian trading systems between May 10, 2022 and July 14, 2022 at a weighted average price of $13.17 per Unit. The Units acquired by TWC represent 2.02% of the issued and outstanding Units of the REIT (the “Acquisition”).