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Canada's Biggest Publicly Traded Dealership Owner Expands Outside Montreal

Toronto-Based REIT Buys Laval Property From Largest Shareholder, Taking Shares in Exchange
Automotive Properties, which already owns a BMW dealership in the Montreal suburb of Laval, Quebec, has acquired another property, this time under the Lexus banner. (CoStar)
Automotive Properties, which already owns a BMW dealership in the Montreal suburb of Laval, Quebec, has acquired another property, this time under the Lexus banner. (CoStar)
CoStar News
March 3, 2021 | 9:52 P.M.

Automotive Properties, Canada's largest publicly traded car dealership owner, is expanding in Quebec in a move that will see the stake of its largest shareholder climb to 28.1%.

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