Automotive Properties REIT publishes Q1 2026 MD&A report ended March 31, 2026

  • Automotive Properties REIT published Q1 2026 MD&A, reporting acquisitions of Québec City Hyundai property for CAD 13,250,000 and Vista Rivian property for USD 16,000,000, funded primarily through revolving credit facilities.
  • Portfolio remained 100% leased, with Dilawri Group contributing about 46% of Q1 base rent; weighted average rental rate was CAD 27.94 per square foot.
  • Liquidity reflected CAD 69,000,000 of undrawn revolving capacity at quarter-end; Debt to GBV was 46.3% with Debt to EBITDA at 7.92.
  • Management flagged pending lease rollover risk at Pfaff Audi Vaughan property, with tenant expected to vacate around Sept. 1, 2026; strategic alternatives under review.
  • Outlook emphasized tighter focus on liquidity amid uncertain inflation, interest-rate, currency, tariff conditions; 77% of debt was fixed via swaps and mortgages with weighted average effective rate of 4.48%.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Automotive Properties REIT published the original content used to generate this news brief on May 13, 2026, and is solely responsible for the information contained therein.