Automotive Properties REIT Announces Agreements to Acquire Six Automotive Dealership Properties in Quebec for an Aggregate Purchase Price of $98.5 Million

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[{"type":"text","content":"\n \n \n \n Automotive Properties REIT Announces Agreements to Acquire Six Automotive Dealership Properties in Quebec for an Aggregate Purchase Price of $98.5 Million\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen5{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; TEXT-ALIGN: CENTER; BORDER-TOP:black 1pt; BORDER-RIGHT:black 0.5pt solid; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 1pt\n}\n.prngen3{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: TOP; TEXT-ALIGN: CENTER; BORDER-TOP:black 0.5pt solid; BORDER-RIGHT:black 0.5pt solid; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 1pt\n}\n.prngen4{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 1pt; BORDER-RIGHT:black 0.5pt solid; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 0.5pt solid\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prntal{\nTEXT-ALIGN: LEFT\n}\n.prnbsbls{\nBORDER-LEFT:black 0.5pt solid\n}\n.prncbts{\nBORDER-TOP:black 0.5pt solid\n}\n.prnvat{\nVERTICAL-ALIGN: TOP\n}\n.prnbbbs{\nBORDER-BOTTOM:black 0.5pt solid\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE; BORDER-TOP:1pt black; BORDER-RIGHT:1pt black; BORDER-BOTTOM:1pt black; BORDER-LEFT:1pt black\n}\n.prnpr2{\nPADDING-RIGHT:0.17em\n}\n.prnpl2{\nPADDING-LEFT:0.17em\n}\n.prnbrbrs{\nBORDER-RIGHT:black 0.5pt solid\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n /Not for distribution to U.S. News Wire Services or dissemination in\n \n the United States\n \n /\n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n Dec. 21, 2022\n \n \n /CNW/ - Automotive Properties Real Estate Investment Trust (TSX: APR.UN) (\"Automotive Properties REIT\" or the \"REIT\") announced today that it has entered into multiple agreements (the \"Acquisitions\") to purchase six automotive dealership properties in\n \n Quebec\n \n (the \"Properties\") from separate third parties for an aggregate purchase price of approximately\n \n $98.5 million\n \n .\n \n \n The Properties comprise a total of 187,421 square feet of gross leasable area located on approxi...

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