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]
Allied Properties REIT Announces Offering of an Additional $75 Million of 3.748% Series a Senior Unsecured Debentures
TORONTO, ONTARIO–(Marketwired – Aug. 13, 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 agreed to issue $75 million aggregate principal amount of series A senior unsecured debentures (the “Debentures“), which is a re-opening of this… [Read More]
Allied Properties REIT Announces Acquisition in Toronto's Downtown West
TORONTO, ONTARIO–(Marketwired – Aug. 4, 2015) – Allied Properties REIT (TSX:AP.UN) announced today that it has entered into an agreement to acquire the retail and office component of 560 King Street West in Toronto for $28 million. The purchase is expected to close on August 19, 2015, subject to customary conditions. “This property will extend… [Read More]
Allied Properties REIT Announces Joint Venture with Westbank in Toronto's Downtown West
TORONTO, ONTARIO–(Marketwired – Aug. 4, 2015) – Allied Properties REIT (TSX:AP.UN) announced today that it has established a joint-venture arrangement with Westbank (the “King & Spadina JV”) to redevelop 489-539 King Street West in Toronto (the “Property”). Allied will retain full ownership of the existing buildings on 511-529 King West (the “Heritage Component”) and sell… [Read More]
Allied Properties REIT Announces Strong Second-Quarter Results
TORONTO, ONTARIO–(Marketwired – Aug. 4, 2015) – Allied Properties REIT (TSX:AP.UN) today announced results for its second quarter ended June 30, 2015. The results are summarized below: THREE MONTHS ENDED JUNE 30, JUNE 30, (In thousands except for per unit and % amounts) 2015 2014 CHANGE % CHANGE Investment properties 4,008,398 3,456,310 552,088 16.0 %… [Read More]
Allied Properties Real Estate Investment Trust Announces July Distribution
TORONTO, ONTARIO–(Marketwired – July 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 July, 2015, representing $1.46 per unit on an annualized basis. The distribution will be payable on August 17, 2015, to unitholders of record as… [Read More]
Allied Properties REIT Announces Closing of Strategic Acquisition in Toronto's Downtown West
TORONTO, ONTARIO–(Marketwired – June 29, 2015) – Allied Properties REIT (TSX:AP.UN) announced today that it has closed the previously announced acquisition of 511-539 King Street West in Toronto (the “Property”). The Property is immediately west of a lengthy stretch of property Allied owns from 469 through to 499 King West. The Property is free and… [Read More]
Allied Properties REIT Announces Conference Call to Discuss Second-Quarter Results
TORONTO, ONTARIO–(Marketwired – June 26, 2015) – Allied Properties REIT (TSX:AP.UN) will hold a conference call and live audio webcast at 10:00 a.m. (ET) on Wednesday, August 5, 2015, to discuss financial results for the quarter ended June 30, 2015. The financial results will be released on Tuesday, August 4, 2015, after the markets close…. [Read More]
Allied Properties Real Estate Investment Trust Announces June Distribution
TORONTO, ONTARIO–(Marketwired – June 18, 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 June, 2015, representing $1.46 per unit on an annualized basis. The distribution will be payable on July 15, 2015, to unitholders of record as… [Read More]