TORONTO, March 11, 2024 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX: “AP.UN”) today announced that it will acquire an ownership interest in 400 West Georgia Street in Vancouver (“400 West Georgia”) and increase its ownership interest in 19 Duncan Street in Toronto (“19 Duncan”). 400 West Georgia is comprised of 345,034… [Read More]
Allied Announces Renewal of Normal Course Issuer Bid
TORONTO, Feb. 22, 2024 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) today announced that it has received approval from the Toronto Stock Exchange (“TSX”) for a normal course issuer bid (“NCIB”) which will enable it to purchase up to 12,629,698 of its 127,955,983 issued and outstanding units (“Units”) as at February… [Read More]
Allied Announces February 2024 Distribution
TORONTO, Feb. 15, 2024 (GLOBE NEWSWIRE) — Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that the Trustees of Allied have declared a distribution of $0.15 per unit for the month of February 2024, representing $1.80 per unit on an annualized basis. The distribution will be payable on March 15, 2024, to unitholders of record as… [Read More]
Allied and Partners to Reorganize Ownership of TELUS Sky
TORONTO, Feb. 12, 2024 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX: “AP.UN”) today announced that it is working with its partners to reorganize the ownership of TELUS Sky in Calgary. TELUS Sky is the outcome of a development project undertaken by a joint-venture of three equal partners, TELUS, Westbank and Allied…. [Read More]
Allied Announces Fourth-Quarter and Year-End Results
TORONTO, Jan. 31, 2024 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX: “AP.UN”) today announced results for its fourth quarter and year ended December 31, 2023. Allied maintained operating momentum throughout 2023 as a result of (i) sustained leasing and user-experience activity, (ii) comprehensive team development and (iii) implementation of a five-year capital-allocation… [Read More]
Allied Announces January 2024 Distribution
TORONTO, Jan. 15, 2024 (GLOBE NEWSWIRE) — Allied Properties REIT (“Allied”)(TSX:AP.UN) announced today that the Trustees of Allied have declared a distribution of $0.15 per unit for the month of January 2024, representing $1.80 per unit on an annualized basis. The distribution will be payable on February 15, 2024, to unitholders of record as at… [Read More]
Allied Announces Conference Call to Discuss Fourth-Quarter Financial Results
TORONTO, Jan. 09, 2024 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) will hold a conference call and live audio webcast at 10:00 a.m. (ET) on Thursday, February 1, 2024, to discuss financial results for the quarter ended December 31, 2023. The financial results will be released on Wednesday, January 31, 2024,… [Read More]
Allied Announces Special Distribution
TORONTO, Dec. 15, 2023 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”)(TSX: “AP.UN”) announced today that the Trustees of Allied have declared a special distribution of $5.48 per unit, comprised of $0.48 per unit payable in cash and $5.00 per unit payable by the issuance of units of Allied to unitholders of record… [Read More]
Allied Announces December 2023 Distribution and Confirmation of 2024 Distribution Plan
TORONTO, Dec. 04, 2023 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX: “AP.UN”) announced today that the Trustees of Allied have (i) declared a distribution of $0.15 per unit for the month of December 2023, payable on January 15, 2024, to unitholders of record as at December 29, 2023, and (ii) confirmed… [Read More]
Allied Announces November 2023 Distribution
TORONTO, Nov. 15, 2023 (GLOBE NEWSWIRE) — Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that the Trustees of Allied have declared a distribution of $0.15 per unit for the month of November 2023, representing $1.80 per unit on an annualized basis. The distribution will be payable on December 15, 2023, to unitholders of record as… [Read More]
Allied Announces Third-Quarter Results and Sustained Operating Momentum
TORONTO, Oct. 25, 2023 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX: “AP.UN”) today announced results for its third quarter ended September 30, 2023. Allied’s operating momentum continued through the quarter with solid operating results, sustained leasing activity and implementation of a five-year capital-allocation plan. Operating Results In the third quarter, Allied’s FFO… [Read More]
Allied Announces 2023 GRESB Scores
TORONTO, Oct. 19, 2023 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) today announced its GRESB scores for 2023, based on the 2022 reporting year. Allied achieved a score of 85 for its standing investments and a score of 87 for its developments, representing continuous improvement overall. The following initiatives contributed to… [Read More]
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