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Canada's largest car dealership REIT sells property near Toronto

Automotive Properties to use sale proceeds to pay down debt to create 'additional acquisition capacity'
Automotive Properties REIT has sold this auto dealership in Markham. (CoStar)
Automotive Properties REIT has sold this auto dealership in Markham. (CoStar)
CoStar News
October 3, 2024 | 2:44 P.M.

Canada's largest publicly traded automotive REIT said it closed on the $54 million sale of one of its properties northeast of Toronto, in a decision that could give it more room to grow.

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