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]
Allied Announces June 2023 Distribution
TORONTO, June 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 June 2023, representing $1.80 per unit on an annualized basis. The distribution will be payable on July 17, 2023, to unitholders of record as… [Read More]
Allied Announces Conversion to an Open-End Trust
TORONTO, June 12, 2023 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) announced today that it has completed its conversion from a “closed-end” trust to an “open-end” trust. Unitholders approved the conversion of Allied to an open-end trust and certain amendments to the declaration of trust of Allied (the “Declaration of Trust”)… [Read More]
Allied Announces Voting Results of Meeting of Holders of Series C Debentures
TORONTO, June 01, 2023 (GLOBE NEWSWIRE) — Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today the results of a matter voted on at a meeting of the holders (“Debentureholders”) of 3.646% Series C Unsecured Debentures due April 21, 2025 (the “Series C Debentures”), of Allied held on June 1, 2023 (the “Meeting”). The voting results are… [Read More]
Allied Announces Successful Consent Solicitation and Cancellation of Debentureholder Meeting for Series D-I Debentures
TORONTO, May 29, 2023 (GLOBE NEWSWIRE) — Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that it has solicited consents and proxies from holders (“Debentureholders”) of its 3.636% Series C Senior Unsecured Debentures due April 21, 2025 (“Series C Debentures”), 3.394% Series D Senior Unsecured Debentures due August 15, 2029 (“Series D Debentures”), 3.113% Series E… [Read More]
Allied Announces May 2023 Distribution
TORONTO, May 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 May 2023, representing $1.80 per unit on an annualized basis. The distribution will be payable on June 15, 2023, to unitholders of record as… [Read More]
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