TORONTO, ONTARIO–(Marketwired – Dec. 17, 2015) – Allied Properties REIT (TSX:AP.UN) announced today that the Trustees of the REIT have declared a distribution of $0.125 per unit for the month of December 2015, representing $1.50 per unit on an annualized basis. The distribution will be payable on January 15, 2016, to unitholders of record as… [Read More]
Allied Properties Real Estate Investment Trust Announces Closing of Unsecured Credit Facility
TORONTO, ONTARIO–(Marketwired – Dec. 14, 2015) – Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that it has closed a $150,000,000 bilateral unsecured facility with a Canadian chartered bank for a term of three years and bearing interest at a floating rate of CDOR plus 1.7% per year (the “Term Facility”). The Term Facility is on… [Read More]
Allied Properties Real Estate Investment Trust Announces Distribution Increase for 2016
TORONTO, ONTARIO–(Marketwired – Dec. 9, 2015) – Allied Properties REIT (TSX:AP.UN) today announced that its Trustees have approved an increase in monthly cash distributions from $0.1216 per unit ($1.46 per unit annualized) to $0.125 per unit ($1.50 per unit annualized). The increased monthly distribution will commence on January 15, 2016, payable to unitholders of record… [Read More]
Allied Properties Real Estate Investment Trust Announces November Distribution
TORONTO, ONTARIO–(Marketwired – Nov. 19, 2015) – Allied Properties REIT (TSX:AP.UN) announced today that the Trustees of the REIT have declared a distribution of $0.1216 per unit for the month of November 2015, representing $1.46 per unit on an annualized basis. The distribution will be payable on December 15, 2015, to unitholders of record as… [Read More]
Allied Properties REIT Announces Strong Third-Quarter Results and Continuing Leasing Momentum
TORONTO, ONTARIO–(Marketwired – Nov. 3, 2015) – Allied Properties REIT (TSX:AP.UN) today announced results for its third quarter ended September 30, 2015. “We had a strong third quarter with FFO per unit up 2% from the comparable quarter and NAV per unit up more than 8%,” said Michael Emory, President and CEO. “Continuing leasing momentum… [Read More]
Allied Properties Real Estate Investment Trust Announces October Distribution
TORONTO, ONTARIO–(Marketwired – Oct. 21, 2015) – Allied Properties REIT (TSX:AP.UN) announced today that the Trustees of the REIT have declared a distribution of $0.1216 per unit for the month of October 2015, representing $1.46 per unit on an annualized basis. The distribution will be payable on November 16, 2015, to unitholders of record as… [Read More]
Allied Properties REIT Announces Conference Call to Discuss Third-Quarter Results
TORONTO, ONTARIO–(Marketwired – Oct. 19, 2015) – Allied Properties REIT (TSX:AP.UN) will hold a conference call and live audio webcast at 10:00 a.m. (ET) on Wednesday, November 4, 2015, to discuss financial results for the quarter ended September 30, 2015. The financial results will be released on Tuesday, November 3, 2015, after the markets close…. [Read More]
Allied Properties REIT Announces Closing of Acquisition in Toronto's Downtown West
TORONTO, ONTARIO–(Marketwired – Sept. 17, 2015) – Allied Properties REIT (TSX:AP.UN) announced today that it has closed the previously announced acquisition of the retail and office component of 560 King Street West in Toronto. 560 King West also includes 171 underground commercial parking spaces that Allied acquired in June of 2014. Together, the property and… [Read More]
Allied Properties REIT Announces Amendment to Its Distribution Reinvestment Plan
TORONTO, ONTARIO–(Marketwired – Sept. 17, 2015) – Allied Properties REIT (TSX:AP.UN)(“Allied“) announced today that, consistent with the discount offered by many Canadian REITs, the discount at which Units are issued pursuant to Allied’s distribution reinvestment plan (“DRIP“) will be decreased from 5% to 3%, to take effect with the September 2015 distribution, payable on October… [Read More]
Allied Properties Real Estate Investment Trust Announces September Distribution
TORONTO, ONTARIO–(Marketwired – Sept. 17, 2015) – Allied Properties REIT (TSX:AP.UN) announced today that the Trustees of the REIT have declared a distribution of $0.1216 per unit for the month of September, 2015, representing $1.46 per unit on an annualized basis. The distribution will be payable on October 15, 2015, to unitholders of record as… [Read More]
Allied Properties Real Estate Investment Trust Announces August Distribution
TORONTO, ONTARIO–(Marketwired – Aug. 20, 2015) – Allied Properties REIT (TSX:AP.UN) announced today that the Trustees of the REIT have declared a distribution of $0.1216 per unit for the month of August, 2015, representing $1.46 per unit on an annualized basis. The distribution will be payable on September 15, 2015, to unitholders of record as… [Read More]
Allied Properties REIT Announces Completion of Offering of an Additional $75 Million of 3.748% Series A Senior Unsecured Debentures
TORONTO, ONTARIO–(Marketwired – Aug. 18, 2015) – NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA Allied Properties REIT (TSX:AP.UN)(“Allied“) announced today that it has completed its previously announced issuance of $75 million aggregate principal amount of series A senior unsecured debentures (the “Debentures“), which was a re-opening… [Read More]
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