Recent initial public offerings in the REITs IPOs category.
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Slide #2. Automotive Properties Real Estate Investment Trust — Initial Public Offering
Company:
Automotive Properties Real Estate Investment Trust
Proposed Symbol:
APR.UN.CA
Shares Offered:
7,500,000
Price Per Share:
$10.00
Over-Allotment:
1,125,000
Description:
Automotive Properties Real Estate Investment Trust (the "REIT")(TSX: APR.UN) announced today that it has completed its initial public offering of 7,500,000 trust units (the "Units") of the REIT (the "Offering") at a price of $10.00 per Unit. The Offering raised gross proceeds of $75 million.