Allied Properties Real Estate Investment Trust Announces August Distribution
Marketwire - Tue Aug 19, 12:20PM CDT
Allied Properties REIT (TSX: AP.UN) announced today that the Trustees of the REIT have declared a distribution of $0.1175 per unit for the month of August, 2014, representing $1.41 per unit on an annualized basis. The distribution will be payable on September 15, 2014, to unitholders of record as at August 29, 2014. The REIT has 69,707,022 units issued and outstanding.
Allied Properties Real Estate Investment Trust Announces Sale of Non-Core Asset and Acquisition of Strategic Corner Property in Toronto's Downtown West
Marketwire - Mon Jul 28, 1:33PM CDT
Allied Properties REIT (TSX: AP.UN) announced today that it has entered into an agreement to sell 860 Richmond Street West in Toronto for $6.3 million. The sale is expected to close in late November, subject to customary conditions. Allied also announced that it has entered into an agreement to purchase 460 King Street West in Toronto for $15 million. The purchase is expected to close in August, subject to customary conditions.
Allied Properties Real Estate Investment Trust Announces July Distribution
Marketwire - Wed Jul 16, 9:01AM CDT
Allied Properties REIT (TSX: AP.UN) announced today that the Trustees of the REIT have declared a distribution of $0.1175 per unit for the month of July, 2014, representing $1.41 per unit on an annualized basis. The distribution will be payable on August 15, 2014, to unitholders of record as at July 31, 2014. The REIT has 69,640,541 units issued and outstanding.
Allied Properties Real Estate Investment Trust Announces Acquisition of Strategic Infill Properties in Toronto
Marketwire - Mon Mar 24, 9:02AM CDT
Allied Properties REIT (TSX: AP.UN) announced today that it has entered into agreements to purchase the following properties for $32.5 million:
Allied Properties Real Estate Investment Trust Announces March Distribution
Marketwire - Wed Mar 19, 4:10PM CDT
Allied Properties REIT (TSX: AP.UN) announced today that the Trustees of the REIT have declared a distribution of $0.1175 per unit for the month of March, 2014, representing $1.41 per unit on an annualized basis. The distribution will be payable on April 15, 2014, to unitholders of record as at March 31, 2014. The REIT has 69,346,420 units issued and outstanding.
Allied Properties Real Estate Investment Trust Announces Fourth-Quarter and Year-End Results With Continuing Growth in FFO and AFFO Per Unit
Marketwire - Tue Mar 04, 3:35PM CST
Allied Properties REIT (TSX: AP.UN) today announced results for its fourth quarter and year ended December 31, 2013. "It was all about execution and financial discipline," said Michael Emory, President and CEO. "We delivered FFO and AFFO per unit growth of 8% and 16% in 2013, pushing our FFO and AFFO pay-out ratios for the year down to 70% and 82%. This enabled us at year-end to increase our annual distribution by 4% to $1.41 per unit. We also continued our unwavering commitment to the balance sheet by further improving our debt ratios, interest coverage ratios and immediate and near-term liquidity."
Allied Properties Real Estate Investment Trust Provides Leasing Update for QRC West in Toronto
Marketwire - Wed Feb 26, 3:24PM CST
Allied Properties REIT (TSX: AP.UN) today provided a leasing update for one of its properties under development, QRC West, Phase I, which is located on the northwest corner of Richmond and Peter Streets in the heart of Toronto's Downtown West. This project involves the restoration of two existing Class I buildings (134 Peter Street and 364 Richmond Street West) and the addition of a new, LEED- certified component for a combined gross leasable area ("GLA"
Allied Properties Real Estate Investment Trust Announces February Distribution
Marketwire - Thu Feb 20, 2:45PM CST
Allied Properties REIT (TSX: AP.UN) announced today that the Trustees of the REIT have declared a distribution of $0.1175 per unit for the month of February, 2014, representing $1.41 per unit on an annualized basis. The distribution will be payable on March 17, 2014, to unitholders of record as at February 28, 2014. The REIT has 68,696,110 units issued and outstanding.
Allied Properties Real Estate Investment Trust Provides Leasing Update for the Breithaupt Block in Kitchener
Marketwire - Thu Feb 13, 2:25PM CST
Allied Properties REIT (TSX: AP.UN) today provided a leasing update in connection with one of its properties under development, The Breithaupt Block in Kitchener. This property was initially comprised of six industrial buildings in the Warehouse District of Kitchener with approximately 176,000 square feet of gross leasable area ("GLA"