TORONTO, Aug. 06, 2019 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (TSX:AP.UN) (âAlliedâ) announced today that it has priced and upsized its previously announced offering, and has agreed to issue $300 million aggregate principal amount of series D senior unsecured debentures (the âDebenturesâ). The Debentures will bear interest at a rate of 3.394%… [Read More]
Allied Announces Launch of Offering of Series D Senior Unsecured Debentures
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA TORONTO, Aug. 06, 2019 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (TSX:AP.UN) (âAlliedâ) announced today that it has launched an offering of a minimum of $225 million aggregate principal amount of series D senior unsecured debentures (the âDebenturesâ)…. [Read More]
Allied Announces Second-Quarter Results
TORONTO, July 31, 2019 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX: “AP.UN”) today announced results for its second quarter ended June 30, 2019. âWe propelled strong internal and external growth in the first half of 2019,â said Michael Emory, President & CEO. âPercentage growth in same-asset NOI, FFO per unit and AFFO… [Read More]
Allied to Fund Westbank’s Urban Workspace Project at 720 Beatty Street in Vancouver
TORONTO, July 31, 2019 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (âAlliedâ) (TSX:AP.UN) announced today that it has agreed to fund Westbankâs urban workspace project at 720 Beatty Street in Vancouver (the âPropertyâ). âProviding this funding to Westbank will enable us to generate an accretive return from the outset,â said Michael Emory, President… [Read More]
Allied Announces Closing of Acquisitions in Montréal
TORONTO, July 17, 2019 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (TSX:AP.UN) announced today that it has completed the previously announced acquisition of 700 de la Gauchetière Street West (â700 DLGâ) and the RCA Building, 1001 Lenoir Street (the âRCA Buildingâ), both in Montréal. Urban Montréal Allied has owned, managed and redeveloped urban… [Read More]
Allied Announces July 2019 Distribution
TORONTO, July 15, 2019 (GLOBE NEWSWIRE) — Allied Properties REIT (âAlliedâ) (TSX:AP.UN) announced today that the Trustees of Allied have declared a distribution of $0.133 per unit for the month of July 2019, representing $1.60 per unit on an annualized basis. The distribution will be payable on August 15, 2019, to unitholders of record as… [Read More]
Allied Announces Conference Call to Discuss Second-Quarter Financial Results
TORONTO, July 02, 2019 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (âAlliedâ)(TSX:AP.UN) will hold a conference call and live audio webcast at 10:00 a.m. (ET) on Thursday, August 1, 2019, to discuss financial results for the quarter ended June 30, 2019. The financial results will be released on Wednesday, July 31, 2019, after… [Read More]
Allied and Perimeter to Proceed With Development of Phase III of The Breithaupt Block in Kitchener’s Innovation District
TORONTO, June 28, 2019 (GLOBE NEWSWIRE) — Allied Properties REIT (TSX:AP.UN) today announced final plans to proceed with the development the third phase of The Breithaupt Block in Kitchener’s Innovation District. The first two phases of The Breithaupt Block (âPhases I & IIâ) are comprised of 226,399 square feet of GLA, all of which is… [Read More]
Allied Announces Closing of $345 Million Public Equity Offering
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA TORONTO, June 19, 2019 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (âAlliedâ) (TSX:AP.UN) announced today that it has closed its previously announced offering of 7,176,000 units (inclusive of 936,000 units issued pursuant to the exercise in full… [Read More]
Allied Announces June 2019 Distribution
TORONTO, June 17, 2019 (GLOBE NEWSWIRE) — Allied Properties REIT (âAlliedâ) (TSX:AP.UN) announced today that the Trustees of Allied have declared a distribution of $0.133 per unit for the month of June 2019, representing $1.60 per unit on an annualized basis. The distribution will be payable on July 15, 2019, to unitholders of record as… [Read More]
Allied Announces $300 Million Equity Offering to Fund the Equity Component of $504 Million of Completed and Pending Acquisitions in Montréal, Toronto, Kitchener, Calgary and Vancouver
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA TORONTO, June 10, 2019 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (TSX:AP.UN) announced today that it has entered into an agreement with a syndicate of underwriters led by Scotiabank, RBC Capital Markets and Goldman Sachs Canada Inc.,… [Read More]
Allied Announces May 2019 Distribution
TORONTO, May 15, 2019 (GLOBE NEWSWIRE) — Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that the Trustees of Allied have declared a distribution of $0.133 per unit for the month of May 2019, representing $1.60 per unit on an annualized basis. The distribution will be payable on June 17, 2019, to unitholders of record as… [Read More]
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