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CEO of Canada's Largest Automotive REIT Expects Deal Activity To Ramp Up by End of Year

Automotive Properties CEO Says Gap Between Buyers and Sellers Continues To Grow
An Automotive Properties REIT-owned property in the Montreal area it purchased in 2023. (CoStar)
An Automotive Properties REIT-owned property in the Montreal area it purchased in 2023. (CoStar)
CoStar News
May 20, 2024 | 7:42 P.M.

The head of Canada's largest publicly traded automotive real estate investment trust said the gap between buyers and sellers might be widening, a situation that comes as Automotive Properties REIT is looking to increase its property holdings. The REIT owns income-producing automotive dealership properties across Canada.

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