
Automotive Properties Real Est Invt TR (TSE:APR.UN) reported higher first-quarter revenue and cash flow, with management citing the impact of acquisitions completed in 2025 and early 2026, along with contractual rent increases embedded in its net lease portfolio.
President and CEO Milton Lamb said the REIT’s “strong first quarter performance” reflected the contribution from 13 property acquisitions completed in 2025 for an aggregate purchase price of approximately CAD 200 million, as well as partial contributions from two additional acquisitions completed during the quarter.