ClubLink Enterprises Limited, a 10% Holder, acquired 843,300 Trust Units on a direct ownership basis at a price of $11.650 on December 16th, 2019. This represents a $9,824,445 investment into the company's shares and an account share holdings change of 19.4%.
Automotive Prop. REIT is in the Commercial REITs Sub Industry Group under the Financials Sector.
Automotive Properties Real Estate Investment Trust (the REIT) is an open-ended real estate investment trust. The objectives of the REIT are to provide Unitholders with stable, predictable and growing monthly cash distributions on a tax-efficient basis; enhance the value of the REIT's assets in order to maximize long-term Unitholder value, and expand the REIT's asset base while also increasing its Adjusted Funds From Operations (AFFO) per Unit, including through accretive acquisitions. Its portfolio consists of approximately 30 properties, including over 25 Initial Properties and the Toyota Woodland property, the Porsche JLR Edmonton property and the Audi Barrie property. The properties encompass approximately 1,077,810 square feet of gross leasable area (GLA). Its properties contain over 40 automotive dealership facilities and an automotive repair facility, occupying over 40 individual buildings, as well as over four ancillary retail buildings.
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