Source: TWC Enterprises Limited
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  • TWC Enterprises Limited has acquired 800,900 trust units of Automotive Properties Real Estate Investment Trust (APR.UN)
  • The units were acquired between May 10, 2022 and July 14, 2022 at an average price of $13.17 per unit
  • Automotive Properties REIT is an open-ended real estate investment trust focused on owning and acquiring income-producing automotive dealership properties in Canada
  • TWC is Canada’s largest owner, operator and manager of golf clubs
  • TWC Enterprises Limited (TWC) opened trading at C$16.07

TWC Enterprises Limited has acquired 800,900 trust units of Automotive Properties Real Estate Investment Trust (APR.UN). 

The units were acquired between May 10, 2022, and July 14, 2022, at an average price of $13.17 per unit. The units acquired by TWC represent 2.02 per cent of the issued and outstanding units of the REIT.

Automotive Properties REIT is an unincorporated, open-ended real estate investment trust focused on owning and acquiring primarily income-producing automotive dealership properties in Canada. The REIT’s portfolio currently consists of 72 income-producing commercial properties, representing approximately 2.7 million square feet of gross leasable area, in metropolitan markets across British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Québec.

TWC is Canada’s largest owner, operator and manager of golf clubs with 47.5 18-hole equivalent championship and 2.5 18-hole equivalent academy courses at 36 locations in Ontario, Quebec and Florida.

TWC Enterprises Limited (TWC) opened trading at C$16.07.

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