TORONTO, ONTARIO–(Marketwired – Sept. 25, 2017) – Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) announced today that it has entered into an agreement to acquire 70 The Esplanade in Toronto (the “Property”) for $17 million. “The property is immediately adjacent to 56 The Esplanade, which we acquired in June,” said Michael Emory, President and… [Read More]
Allied and Westbank Announce Decision to Proceed with Mixed-Use Development in Downtown Toronto
TORONTO, ONTARIO–(Marketwired – Sept. 21, 2017) – Allied Properties REIT (TSX:AP.UN) and Westbank today announced plans to proceed with the development of 19 Duncan Street in Toronto (the “Property”). Allied and Westbank have pre-leased the office space in the development, but will not lease the rental-residential space until construction is completed, which is scheduled for… [Read More]
Allied Properties Real Estate Investment Trust Announces August 2017 Distribution
TORONTO, ONTARIO–(Marketwired – Aug. 23, 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 August 2017, representing $1.53 per unit on an annualized basis. The distribution will be payable on September 15, 2017, to unitholders of… [Read More]
Allied Properties Real Estate Investment Trust Announces Closing of Public Equity Offering
TORONTO, ONTARIO–(Marketwired – Aug. 17, 2017) – Not for Distribution to U.S. Newswire Services or for Dissemination in the United States of America Allied Properties Real Estate Investment Trust (TSX:AP.UN) (“Allied”) announced today that it has closed its previously announced offering of 7,695,000 units (inclusive of 770,000 units issued pursuant to the exercise in full… [Read More]
Allied Announces $270 Million Equity Offering
TORONTO, ONTARIO–(Marketwired – Aug. 8, 2017) – NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) announced today that it has entered into an agreement with a syndicate of underwriters led by Scotiabank and RBC Capital Markets to issue to… [Read More]
Allied Announces Second-Quarter Results
TORONTO, ONTARIO–(Marketwired – Aug. 2, 2017) – Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) today announced results for its second quarter ended June 30, 2017. “With a favourable operating environment in Montréal, Toronto and Vancouver, we achieved our three most important goals for the first half of 2017,” said Michael Emory, President & CEO…. [Read More]
Allied to Acquire Undivided 50% Interest in Westbank's Latest Vancouver Office Project
TORONTO, ONTARIO–(Marketwired – July 27, 2017) – Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) announced today that it has entered into a transaction with Westbank to acquire an undivided 50% interest in Westbank’s office project at 400 West Georgia in Vancouver (the “Property”). “In addition to deepening our relationship with Westbank and ultimately expanding… [Read More]
Allied and RioCan Achieve 93% Lease-Up of Office Space Under Construction at King Portland Centre in Toronto
Shopify Expands its Requirement to Approximately 158,520 Square Feet TORONTO, ONTARIO–(Marketwired – July 19, 2017) – Allied Properties REIT (TSX:AP.UN) and RioCan REIT (TSX:REI.UN) today announced another important lease transaction in connection with the development of King Portland Centre in Toronto. Shopify has signed a commitment to expand its lease requirement by approximately 46,234 square… [Read More]
Allied Properties Real Estate Investment Trust Announces July 2017 Distribution
TORONTO, ONTARIO–(Marketwired – July 18, 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 July 2017, representing $1.53 per unit on an annualized basis. The distribution will be payable on August 15, 2017, to unitholders of… [Read More]
Amazon Web Services Adds AWS Direct Connect to Allied's 250 Front West in Toronto
TORONTO, ONTARIO–(Marketwired – May 31, 2017) – Allied Properties REIT (TSX:AP.UN) today announced the availability of Amazon Web Services(“AWS”)Direct Connect at 250 Front West in Downtown Toronto. Through AWS Direct Connect, Allied customers can directly access AWS cloud services over a private, enterprise-grade network connection. The benefits of this direct access include reduced network costs,… [Read More]
Allied Properties Real Estate Investment Trust Announces May 2017 Distribution
TORONTO, ONTARIO–(Marketwired – May 17, 2017) – Allied Properties 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 May 2017, representing $1.53 per unit on an annualized basis. The distribution will be payable on June 15, 2017, to unitholders of record as… [Read More]
Allied Properties REIT Announces Voting Results From the 2017 Annual Meeting of Unitholders
TORONTO, ONTARIO–(Marketwired – May 8, 2017) – Allied Properties REIT (TSX:AP.UN) (“Allied“) announced today the results of matters voted on at its annual meeting of unitholders held on May 4, 2017 (the “Meeting“). The voting results for each of the matters presented at the Meeting are outlined below. There were 77 unitholders represented in person… [Read More]
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