|Bid||10.41 x 0|
|Ask||10.43 x 0|
|Day's Range||10.41 - 10.43|
|52 Week Range||8.45 - 11.47|
|Beta (3Y Monthly)||0.99|
|PE Ratio (TTM)||33.54|
|Forward Dividend & Yield||0.80 (7.71%)|
|1y Target Est||11.61|
TORONTO , June 12, 2019 /CNW/ - Automotive Properties Real Estate Investment Trust (APR-UN.TO) (the "REIT") announced today that it has entered into an agreement to purchase a portfolio of three automotive dealership properties from AutoCanada Inc. (ACQ.TO) ("AutoCanada") for a total purchase price of approximately $30.4 million , excluding closing costs (the "AutoCanada Acquisition"). In addition, the REIT has entered into a non-binding letter of intent with the Dilawri Group to acquire the Audi Queensway automotive dealership property for $36.5 million ("Audi Queensway" and, together with the AutoCanada Acquisition, the "Transactions").
Automotive Properties Real Estate Investment Trust (TSE:APR.UN), which is in the reits business, and is based in...
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Attractive stocks have exceptional fundamentals. In the case of Automotive Properties Real E...
Automotive Properties REIT 2019 First Quarter Financial Results Release Date, Conference Call and Webcast
If you're interested in Automotive Properties Real Estate Investment Trust (TSE:APR.UN), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio...
Moody's Investors Service ("Moody's") today revised Allied Properties Real Estate Investment Trust's ("Allied") rating outlook to positive from stable and affirmed all of Allied's ratings, including its issuer rating at Baa3. The rating outlook change to positive recognizes Allied's progress in delevering and liquidity improvements while also achieving pre-leasing goals across multiple development projects. It also reflects Moody's view that Allied's enhanced portfolio quality will drive stronger NOI growth going forward, which in combination with the REIT's disciplined financial policy and commitment to moderate leverage, will lead to a stronger credit profile.
Automotive Properties REIT Completes Acquisition of Two Dealership Properties in Winnipeg from AutoCanada
TORONTO , March 26, 2019 /CNW/ - Automotive Properties Real Estate Investment Trust (APR-UN.TO) (the "REIT") announced today that it has entered into agreements to purchase two automotive dealership properties in Winnipeg, Manitoba from AutoCanada Inc. (ACQ.TO) ("AutoCanada") for a total purchase price of approximately $23.95 million (the "Transaction"), excluding closing costs. The two dealership properties included in the Transaction are the McNaught Cadillac Buick GMC automotive dealership property (the "McNaught GM Property") and the St. James Volkswagen automotive dealership property (the "St. James VW Property"). The additions of the McNaught GM Property and the St. James VW Property are expected to be accretive to the REIT's run-rate Adjusted Funds from Operations ("AFFO")¹ per unit on a leverage-neutral basis.
The big shareholder groups in Automotive Properties Real Estate Investment Trust (TSE:APR.UN) have power over the company. Generally speaking, as a company grows, institutions will increase their ownership. Conversely, insidersRead More...
Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! Milton Lamb has been the CEO of Automotive Properties RealRead More...
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The flip side of that is that there are more Read More...
Automotive Properties REIT Completes $101.4 Million Ottawa and Kingston Property Portfolio Acquisition