Automotive Properties REIT reported it now owns 92 income-producing properties totaling about 3.4 million square feet across Canada and in the U.S. (Florida and Ohio), with the portfolio remaining 100% leased. During 2025, the REIT completed several acquisitions, including a Tesla collision service centre in the Columbus, Ohio area, Rivian facilities in Tampa and Orlando, and major dealership portfolios in the Montreal area (Île-Perrot and Dorval), and also acquired an additional Honda property in Île-Perrot. The REIT also increased its annual cash distribution by 2.2% effective with the August 2025 distribution, and completed an equity offering to repay credit facility borrowings related to acquisitions. Post year-end, the REIT acquired a Hyundai dealership property in Québec City and expects its EBITDA to rise in 2026 as a result of the 2025 acquisitions and the Québec City acquisition. The REIT also anticipates closing a Rivian-tenanted property acquisition in Vista, California in the first half of 2026. The full report can be accessed through the link below.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Automotive Properties REIT published the original content used to generate this news brief on March 04, 2026, and is solely responsible for the information contained therein.
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