TORONTO, ONTARIO–(Marketwired – May 6, 2015) – Allied Properties REIT (TSX:AP.UN) today announced results for its first quarter ended March 31, 2015. “We’ve had a strong start to the year,” said Michael Emory, President and CEO. “Our performance measures in the first quarter met our expectations, and our leasing activity was exceptionally strong, all of… [Read More]
Allied Properties REIT Announces Acquisition of Strategic Intensification Property in Toronto's Downtown West
TORONTO, ONTARIO–(Marketwired – April 30, 2015) – Allied Properties REIT (TSX:AP.UN) announced today that it has entered into an agreement to purchase 511-539 King Street West in Toronto for $100 million. “This is an extraordinarily strategic opportunity for us,” said Michael Emory, President and CEO. “The property is immediately west of a lengthy stretch of… [Read More]
Allied Properties Real Estate Investment Trust Announces April Distribution
TORONTO, ONTARIO–(Marketwired – April 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 April, 2015, representing $1.46 per unit on an annualized basis. The distribution will be payable on May 15, 2015, to unitholders of record as… [Read More]
Allied Properties REIT Announces Conference Call to Discuss First-Quarter Results
TORONTO, ONTARIO–(Marketwired – April 2, 2015) – Allied Properties REIT (TSX:AP.UN) will hold a conference call and live audio webcast at 10:00 a.m. (ET) on Thursday, May 7, 2015, to discuss financial results for the quarter ended March 31, 2015. The financial results will be released on Wednesday May 6, 2015, after the markets close…. [Read More]
Allied Properties Real Estate Investment Trust Announces March Distribution
TORONTO, ONTARIO–(Marketwired – March 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 March, 2015, representing $1.46 per unit on an annualized basis. The distribution will be payable on April 15, 2015, to unitholders of record as… [Read More]
Allied Properties Real Estate Investment Trust Provides Leasing Update for Toronto Development Properties
TORONTO, ONTARIO–(Marketwired – March 20, 2015) – Allied Properties REIT (TSX:AP.UN) today provided a leasing update for three of its Toronto development properties–250 Front Street West, QRC West, Phase I, and 460 King Street West. “We’re now at the point where our development pipeline is built and primed,” said Michael Emory, President and CEO of… [Read More]
Allied Properties Real Estate Investment Trust Announces Acquisition of Redevelopment Property in Toronto's Downtown West
TORONTO, ONTARIO–(Marketwired – March 17, 2015) – Allied Properties REIT (TSX:AP.UN) today announced that it has entered into an agreement to purchase 180 John Street in Toronto for $8.25 million. The purchase is expected to close on April 15, 2015, subject to customary conditions. The Property Located on the west side of John Street, north… [Read More]
Allied Properties Real Estate Investment Trust Announces Fourth-Quarter and Year-End Results With Continuing Broad-Based Momentum
TORONTO, ONTARIO–(Marketwired – March 3, 2015) – Allied Properties REIT (TSX:AP.UN) today announced results for its fourth quarter and year ended December 31, 2014. “We set the bar high in 2014, both in absolute terms and in relation to what we anticipated would be a challenging environment for Canadian REITs,” said Michael Emory, President and… [Read More]
Allied Properties Real Estate Investment Trust Announces February Distribution
TORONTO, ONTARIO–(Marketwired – Feb. 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 February, 2015, representing $1.46 per unit on an annualized basis. The distribution will be payable on March 16, 2015, to unitholders of record as… [Read More]
Allied Properties Real Estate Investment Trust Announces Closing of 50% Interest in 19 Duncan Street, Toronto
TORONTO, ONTARIO–(Marketwired – Feb. 10, 2015) – Allied Properties REIT (TSX:AP.UN) announced today that it has closed the previously announced acquisition of an undivided 50% interest in 19 Duncan Street in Toronto (the “Property”), with Westbank Corp. owning the balance. Allied provided acquisition financing to the joint venture formed by Allied and Westbank for the… [Read More]
Allied Properties Real Estate Investment Trust Announces Senior Management Changes
TORONTO, ONTARIO–(Marketwired – Feb. 2, 2015) – Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that Wayne L. Jacobs, Executive Vice President, Acquisitions and Asset Management, has made the decision to leave Allied to pursue a career opportunity with a private equity firm based in Vancouver. He will remain with Allied for a period of time… [Read More]
Allied Properties Real Estate Investment Trust Announces Closing of Public Equity Offering
TORONTO, ONTARIO–(Marketwired – Feb. 2, 2015) – NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA Allied Properties REIT (TSX:AP.UN) announced today that it has closed its previously announced offering of 2,213,750 units from treasury (inclusive of 288,750 units issued pursuant to the exercise in full of the… [Read More]