Automotive Properties REIT Announces $50 Million Equity Offering and Agreement to Acquire Three Automotive Properties

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TORONTO, Oct. 06, 2025 (GLOBE NEWSWIRE) -- Automotive Properties Real Estate Investment Trust (TSX: APR.UN) (the “REIT”) announced today that it has entered into an agreement to sell 3,070,000 units of the REIT (“Units”) on a bought deal basis at a price of $11.11 per Unit (the “Offering Price”) to a syndicate of underwriters bookrun by TD Securities Inc. and Scotiabank for gross proceeds of approximately $34 million (the “Public Offering”).

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