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]
Allied Announces October 2023 Distribution
TORONTO, Oct. 16, 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 October 2023, representing $1.80 per unit on an annualized basis. The distribution will be payable on November 15, 2023, to unitholders of record as… [Read More]
Allied Announces Conference Call to Discuss Third-Quarter Financial Results
TORONTO, Sept. 29, 2023 (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, October 26, 2023, to discuss financial results for the quarter ended September 30, 2023. The financial results will be released on Wednesday, October 25, 2023,… [Read More]
Allied Announces September 2023 Distribution
TORONTO, Sept. 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 September 2023, representing $1.80 per unit on an annualized basis. The distribution will be payable on October 16, 2023, to unitholders of record as… [Read More]
Allied Closes Sale of UDC Portfolio, Reaffirms Mission and Fortifies Balance Sheet
TORONTO, Aug. 16, 2023 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX: “AP.UN”) today announced that it has closed the sale of its UDC portfolio in Downtown Toronto (the “Portfolio”) to KDDI Canada, Inc., a wholly owned subsidiary of KDDI Corporation, for $1.35 billion. The Portfolio was comprised of freehold interests in… [Read More]
Allied Announces August 2023 Distribution
TORONTO, Aug. 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 August 2023, representing $1.80 per unit on an annualized basis. The distribution will be payable on September 15, 2023, to unitholders of record as… [Read More]
Allied Announces Second-Quarter Results, Strong Leasing Activity and Scheduled Closing of UDC Portfolio
TORONTO, July 26, 2023 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX: “AP.UN”) today announced results for its second quarter ended June 30, 2023. With all mutual conditions satisfied, including receipt of Competition Act approval, Allied also today announced the scheduled closing date for the sale of its UDC portfolio in Downtown Toronto… [Read More]
Allied Announces July 2023 Distribution
TORONTO, July 17, 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 July 2023, representing $1.80 per unit on an annualized basis. The distribution will be payable on August 15, 2023, to unitholders of record as… [Read More]
Allied Announces Conference Call to Discuss Second-Quarter Financial Results
TORONTO, June 29, 2023 (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, July 27, 2023, to discuss financial results for the quarter ended June 30, 2023. The financial results will be released on Wednesday, July 26, 2023,… [Read More]
Allied Releases Environmental, Social and Governance Report
TORONTO, June 26, 2023 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) today announced that it has published its 2022 Environmental, Social and Governance (ESG) Report. Allied’s 2022 performance continued to exceed its 2024 reduction targets for Energy Use Intensity (EUI), Greenhouse Gas Intensity (GHGI) and Water Use Intensity (WUI). As part… [Read More]
Allied to Sell UDC Portfolio to KDDI Corporation for $1.35 Billion
Leading Canadian Provider of Distinctive Urban Workspace Reaffirms Mission and Maintains Commitment to Balance Sheet This news release constitutes a “designated news release” for the purposes of Allied’s prospectus supplement dated November 12, 2021, to its short form base shelf prospectus dated June 2, 2021, as amended on November 11, 2021. TORONTO, June 21, 2023… [Read More]
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