StorageVault Purchases Brossard, Quebec Property with Automotive Properties REIT

TORONTO, June 01, 2023 (GLOBE NEWSWIRE) -- STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX) and Automotive Properties Real Estate Investment Trust (TSX: APR.UN) (“Automotive Properties REIT” or the “REIT”) is pleased to announce that they have entered into a 50/50 joint venture (the “Joint Venture”) to acquire an automotive dealership property located at 9425 Taschereau Boulevard in Brossard, Quebec (the “Brossard Property”) from a third-party vendor. StorageVault owns a self storage property that is adjacent to the Brossard Property. The acquisition of the Brossard Property closed today.

Read more at globenewswire.com