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]
Allied Expands Assembly Between Front and The Esplanade in Toronto's St. Lawrence Market Area
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]
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