March 17, 2017 / 12:44 PM / 9 months ago

BRIEF-Automotive Properties REIT agrees to acquire Go Auto Dealership property for $8.0 mln

March 17 (Reuters) - Automotive Properties Real Estate Investment Trust

* Agrees to acquire Go Auto Dealership property in Edmonton for $8.0 million

* Addition of property is expected to be immediately accretive to REIT’s adjusted funds from operations on a per unit basis

* intends to satisfy purchase price of property through cash on hand

* REIT intends to satisfy purchase price of property through cash on hand

* Agreement to purchase Go Mazda dealership property in Edmonton, Alberta from Go Auto for $8.0 million Source text for Eikon: Further company coverage:

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