June 12 (Reuters) - Automotive Properties Real Estate Investment Trust APR_u.TO :
* AUTOMOTIVE PROPERTIES REIT ANNOUNCES AGREEMENT TO ACQUIRE A PORTFOLIO OF THREE DEALERSHIP PROPERTIES FROM AUTOCANADA INC., A NON-BINDING LETTER OF INTENT WITH THE DILAWRI GROUP TO ACQUIRE THE AUDI QUEENSWAY DEALERSHIP PROPERTY IN TORONTO, ON AND A $73.2 M
* AUTOMOTIVE PROPERTIES REAL ESTATE INVESTMENT TRUST - DEAL FOR TOTAL PURCHASE PRICE OF APPROXIMATELY $30.4 MILLION
* AUTOMOTIVE PROPERTIES REAL ESTATE INVESTMENT TRUST - ENTERED INTO AGREEMENT TO SELL 7 MILLION UNITS OF REIT ON A BOUGHT DEAL BASIS AT $10.45/UNIT
* AUTOMOTIVE PROPERTIES - ENTERED INTO NON-BINDING LETTER OF INTENT WITH DILAWRI GROUP TO BUY AUDI QUEENSWAY AUTOMOTIVE DEALERSHIP PROPERTY FOR $36.5 MILLION
* AUTOMOTIVE PROPERTIES REAL ESTATE INVESTMENT TRUST - TRANSACTIONS EXPECTED TO BE ACCRETIVE TO REIT'S RUN-RATE AFFO PER UNIT ON LEVERAGE-NEUTRAL BASIS
* AUTOMOTIVE PROPERTIES REAL ESTATE INVESTMENT TRUST - WILL FINANCE AUTOCANADA ACQUISITION THROUGH DRAWS ON ITS REVOLVING CREDIT FACILITIES
* AUTOMOTIVE PROPERTIES - WILL FINANCE AUTOCANADA ACQUISITION INITIALLY THROUGH EXPANSION OF ONE OF ITS EXISTING NON-REVOLVING CREDIT FACILITIES