APR.UN.CA Profile & Description — Automotive Properties Real Estate Investment Trust
Automotive Properties Real Estate Investment Trust is an open-ended real estate investment trust formed to own income-producing automotive dealership properties located in Canada. The Trust's objectives are to provide unitholders with stable, predictable and growing monthly cash distributions on a tax-efficient basis; to enhance the value of the Trust's assets in order to maximize long-term unitholder value; and to expand the Trust's asset base and increase the adjusted funds from operations per unit. As of Dec 31 2017, the Trust owned a portfolio of 32 commercial properties in Ontario, Saskatchewan, Alberta, British Columbia and Quebec, totaling 1,270,202 square feet of gross leasable area.