The Globe and Mail reports in its Friday, Oct. 24, edition that National Bank Financial analyst Giuliano Thornhill is keeping his "sector perform" ranking for Automotive Properties REIT intact. The Globe's David Leeder writes in the Eye On Equities column that Mr. Thornhill gave his unit target a 50-cent boost to $12.50. Analysts on average target the units at $12.72. Mr. Thornhill sees Automotive Properties' $52.5-million acquisition of three properties in Dorval, Que., as the "creation of a trophy asset," pointing to "the CPI-linked rental structure, high tenant/OEM brand quality and adjacently held Mazda Les Source." Mr. Thornhill sees the deal, which involves Subaru Des Sources, Honda Des Sources and Volkswagen Des Sources and comprises 140,693 square feet of gross leasable area situated on approximately nine acres of land, as largely neutral to funds from operations estimates. Mr. Thornhill says in a note: "The Dorval properties are being acquired from a third-party real estate owner who previously sold the dealer operations to Dilawri and agreed to a CPI-linked rent structure. We expect this to increase Automotive Properties' share of CPI adjusted leases to approximately 43 per cent of base rent."