Automotive Properties Real Estate Investment Trust

https://www.automotivePROPERTIESreit.ca/

Automotive Properties Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust focused on owning and acquiring high-quality, income-producing properties tenanted by leading automotive and OEM dealership and service businesses. The REIT's mission is to provide unitholders with stable, sustainable, and growing cash distributions, while continuously enhancing its asset portfolio to maximize unitholder value. Its headquarters are located in Toronto, Ontario, Canada.

The REIT's portfolio comprises 95 income-producing commercial properties, encompassing approximately 3.5 million square feet of gross leasable area. These properties are strategically situated in urban markets across British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, and Québec in Canada, as well as Florida, Ohio, and California in the United States. The properties are primarily occupied by automotive and OEM dealership and service businesses, representing a diverse range of global brands, and are typically subject to long-term, triple-net lease agreements where tenants bear the operating expenses.

Led by President and CEO Milton Lamb and CFO Andrew Kalra, with Kap Dilawri serving as Chair of the Board, Automotive Properties REIT actively pursues growth opportunities through accretive acquisitions and benefits from contractual annual rent increases. Recent activities include property acquisitions in Vista and Santa Ana, California, in April 2026, alongside regular monthly distributions to unitholders. The REIT, which was established in 2015 by the Dilawri Group, Canada's largest automotive group, is uniquely positioned as the only publicly traded vehicle in Canada specializing in this real estate asset class.

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CID: 2159