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Automotive Properties REIT Announces Agreement to Acquire Tesla Collision Center Property in Columbus, Ohio for a Purchase Price of US$17.8 Million

Newswire.ca - Press Release

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− Not for distribution to U.S. News Wire Services or dissemination in the United States −

TORONTO, Feb. 10, 2025 /CNW/ - Automotive Properties Real Estate Investment Trust (TSX:APR-UN.TO) ("Automotive Properties REIT" or the "REIT") announced today that it has entered into an agreement to acquire a Tesla-tenanted collision center property (the "Property") in Dublin, Ohio, a suburb of Columbus, from a third party for a purchase price of approximately US$17.8 million. The addition of the Property is expected to increase the REIT's Adjusted Funds from Operations ("AFFO") per unit.

Read more at newswire.ca

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Related Symbols

Symbol Last Chg %Chg
TSLA 475.19 -10.21 -2.10%
Tesla Inc
APR-UN.TO 11.03 unch unch
Automotive Properties REIT

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