TORONTO, Jan. 09, 2019 (GLOBE NEWSWIRE) — Allied Properties REIT (TSX:AP.UN) will hold a conference call and live audio webcast at 10:00 a.m. (ET) on Thursday February 14, 2019, to discuss financial results for the quarter and year ended December 31, 2018. The financial results will be released on Wednesday February 13, 2019, after the… [Read More]
Allied Announces Closing of Acquisition in Montréal
TORONTO, Dec. 19, 2018 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (TSX:AP.UN) announced today that it has completed the previously announced acquisition of 644 Courcelle Street in Montréal. In the fourth quarter, Allied completed six strategic in-fill acquisitions for an aggregate purchase price of $125 million, one in Toronto, one in Calgary, three… [Read More]
Allied Announces $125 Million in Acquisitions and Upward Refinancing of Unsecured Term Loan
TORONTO, Dec. 11, 2018 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (TSX:AP.UN) announced today that it expects to close six strategic in-fill acquisitions in the fourth quarter for an aggregate purchase price of $125 million. Allied also announced that it has upward refinanced an unsecured term loan coming due on December 14, 2018…. [Read More]
Allied Announces Distribution Increase and December 2018 Distribution
TORONTO, Dec. 04, 2018 (GLOBE NEWSWIRE) — Allied Properties REIT (TSX:”AP.UN”) announced today that its Trustees have (i) approved an increase in Allied’s monthly cash distributions from $0.130 per unit ($1.56 per unit annualized) to $0.133 per unit ($1.60 per unit annualized) and (ii) declared a distribution of $0.133 per unit for the month of… [Read More]
Allied Properties REIT Announces Filing of Final Base Shelf Prospectus
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Allied Properties Real Estate Investment Trust Announces November 2018 Distribution
TORONTO, Nov. 15, 2018 (GLOBE NEWSWIRE) — Allied Properties REIT (the “REIT”) (TSX:AP.UN) announced today that the Trustees of the REIT have declared a distribution of $0.13 per unit for the month of November 2018, representing $1.56 per unit on an annualized basis. The distribution will be payable on December 17, 2018, to unitholders of… [Read More]
Allied Announces Third-Quarter Results
TORONTO, Nov. 07, 2018 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX: “AP.UN”) today announced results for its third quarter ended September 30, 2018. “Our third quarter was active and successful,” said Michael Emory, President & CEO. “We propelled strong organic growth in our rental portfolio and made excellent pre-leasing progress with our… [Read More]
Allied Announces Class I Acquisitions in Urban Vancouver
TORONTO, Nov. 07, 2018 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) announced today that it has acquired 1220 Homer Street and entered into an agreement to acquire 151 West Hastings Street for total consideration of $57.5 million. “These are strategic acquisitions for Allied, in that we’re increasing our penetration in urban… [Read More]
Allied, Enwave and Riocan to accelerate expansion of thermal energy system in Toronto
New thermal energy storage tanks at ‘The Well’ development will provide year-round, low-carbon cooling and heating services to Toronto’s downtown west. TORONTO, Feb. 8, 2018 /CNW/ – Allied Properties REIT (“Allied”) (TSX: AP.UN), Enwave Energy Corporation (“Enwave”) and RioCan REIT (“RioCan”) (TSX: REI.UN) are joining forces to extend Enwave’s existing Deep Lake Water Cooling and… [Read More]
Allied Announces Third-Quarter Results
TORONTO, ONTARIO–(Marketwired – Nov. 1, 2017) – Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) today announced results for its third quarter ended September 30, 2017. “The Allied story for 2017 has been straightforward and positive,” said Michael Emory, President & CEO. “Against the backdrop of a favourable operating environment in Montréal, Toronto and Vancouver,… [Read More]
RioCan and Allied Announce Results of Condo Marketing Program at King Portland Centre in Toronto's Downtown West
TORONTO, ONTARIO–(Marketwired – Oct. 17, 2017) – RioCan REIT (TSX:REI.UN) and Allied Properties REIT (TSX:AP.UN) today announced that the residential condominium units at King Portland Centre are substantially sold out, subject to customary closing conditions and rights of rescission. RioCan and Allied expect the profitability of these units to exceed initial expectations. King Portland Centre… [Read More]
Allied Properties Real Estate Investment Trust Announces October 2017 Distribution
TORONTO, ONTARIO–(Marketwired – Oct. 16, 2017) – Allied Properties REIT (the “REIT”) (TSX:AP.UN) announced today that the Trustees of the REIT have declared a distribution of $0.1275 per unit for the month of October 2017, representing $1.53 per unit on an annualized basis. The distribution will be payable on November 15, 2017, to unitholders of… [Read More]
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