Sept 25 (Reuters) - Automotive Properties Real Estate Investment Trust APR_u.TO :
* AUTOMOTIVE PROPERTIES REIT ANNOUNCES ACQUISITION OF TWO DEALERSHIP PROPERTIES FROM AUTOCANADA AND $55 MILLION EQUITY OFFERING
* AUTOMOTIVE PROPERTIES REIT - ALSO ENTERED INTO AN AGREEMENT TO SELL 5.1 MILLION UNITS ON A BOUGHT DEAL BASIS AT A PRICE OF $10.80 PER UNIT
* AUTOMOTIVE - ADDITIONS OF BMW LAVAL PROPERTY & SHERWOOD PARK VW PROPERTY ARE EXPECTED TO BE MODERATELY ACCRETIVE TO CO'S RUN-RATE AFFO/UNIT ON LEVERAGE-NEUTRAL BASIS
* AUTOMOTIVE - EXPECTS TO FINANCE DEAL THROUGH EXISTING REVOLVING CREDIT FACILITIES; REVOLVING CREDIT FACILITY TO BE PUT IN PLACE IN CONJUNCTION WITH DEAL