Automotive Properties REIT Q2 FY26 net income rises 19% to CAD 15.47 million; revenue climbs 23% to CAD 30.21 million

Reuters2026/08/13 23:37

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Automotive Properties REIT posted net income of CAD 15.47 million for the three months ended June 30, up 19.0%.
Rental revenue rose 22.78% to CAD 30.21 million, while net operating income increased 20.54% to CAD 25.15 million.
Interest expense and other financing charges climbed 26.98% to CAD 8.12 million; fair value adjustment on interest rate swaps swung to a CAD 1.27 million loss.
Investment property fair value adjustment turned to a CAD 3.14 million gain; total assets increased to CAD 1.48 billion from CAD 1.4 billion.
Trustees raised the annual cash distribution to CAD 0.839 per unit from CAD 0.822, effective for the August 2026 distribution.

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 August 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Automotive Properties REIT Q2 FY26 net income rises 19% to CAD 15.47 million; revenue climbs 23% to CAD 30.21 million

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