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BRIEF-Automotive Properties REIT agrees to acquire Audi and Volkswagen dealership property in montreal for $14.3 mln
November 28, 2016 / 10:36 PM / a year ago

BRIEF-Automotive Properties REIT agrees to acquire Audi and Volkswagen dealership property in montreal for $14.3 mln

Nov 28 (Reuters) - Automotive Properties Real Estate Investment Trust

* Automotive Properties REIT agrees to acquire Audi and Volkswagen dealership property in montreal for $14.3 million

* Automotive Properties Real Estate Investment Trust says addition of property is expected to be immediately accretive to REIT’s AFFO on a per unit basis

* Automotive Properties Real Estate Investment Trust says intends to satisfy purchase price through draws on existing credit facilities and cash on hand Source text for Eikon: Further company coverage:

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