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]
Allied and Westbank Provide Additional Detail on Pre-lease Transaction at Duncan House in Toronto
Thomson Reuters to Anchor Mixed-Use Project in Toronto’s Downtown West TORONTO, ONTARIO–(Marketwired – Oct. 11, 2017) – Allied Properties REIT (TSX:AP.UN) and Westbank today announced that Thomson Reuters has agreed to lease all of the office space to be developed at 19 Duncan Street in Toronto. 19 Duncan is currently comprised of 24,803 square feet… [Read More]
Allied Properties REIT Announces Conference Call to Discuss Third-Quarter Financial Results
TORONTO, ONTARIO–(Marketwired – Oct. 5, 2017) – Allied Properties REIT (TSX:AP.UN) will hold a conference call and live audio webcast at 10:00 a.m. (ET) on Thursday, November 2, 2017, to discuss financial results for the quarter ended September 30, 2017. The financial results will be released on Wednesday, November 1, 2017, after the markets close…. [Read More]
Allied and RioCan to Acquire Diamond Corp.'s Interest in Commercial Component of The Well
TORONTO, ONTARIO–(Marketwired – Oct. 5, 2017) – Allied Properties REIT (TSX:AP.UN) and RioCan REIT (TSX:REI.UN) today announced that they have entered into a binding agreement to acquire Diamond Corp.’s undivided 20% interest in the office and retail components of The Well (the “Commercial Component”) for a purchase price of up to $42 million. On completion… [Read More]
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