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Allied Properties Real Estate Investment Trust (AP_u.TO)

AP_u.TO on Toronto Stock Exchange

37.80CAD
19 May 2017
Change (% chg)

$0.32 (+0.85%)
Prev Close
$37.48
Open
$37.45
Day's High
$37.94
Day's Low
$37.32
Volume
107,155
Avg. Vol
146,443
52-wk High
$39.70
52-wk Low
$32.37

Latest Key Developments (Source: Significant Developments)

Allied announces qtrly FFO per unit $0.53
Wednesday, 3 May 2017 04:28pm EDT 

May 3 (Reuters) - Allied Properties Real Estate Investment Trust :Allied announces first-quarter results.Qtrly NAV per unit $ 36.19.Qtrly AFFO per unit $0.40.Allied Properties Real Estate Investment Trust qtrly FFO per unit $0.53.Allied Properties Real Estate - Expects operating and development environment to be generally favourable for remainder of year and into 2018.Allied Properties Real Estate Investment Trust - Internal forecast for year contemplates mid-single-digit percentage growth in same-asset NOI.Allied Properties Real Estate Investment Trust - Internal forecast for year contemplates low-to mid-single-digit percentage growth in FFO per unit.  Full Article

Allied Properties REIT announces $200 million offering of 3.636% series c senior unsecured debentures
Tuesday, 18 Apr 2017 12:32pm EDT 

April 18 (Reuters) - Allied Properties Real Estate Investment Trust :Allied Properties REIT announces $200 million offering of 3.636% series c senior unsecured debentures.Allied Properties Real Estate Investment Trust - debentures will bear interest at a rate of 3.636% per annum and will mature on April 21, 2025.Allied Properties Real Estate Investment Trust - intends to use net proceeds to repay amounts drawn on co's unsecured revolving operating facility.  Full Article

ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST QTRLY FFO PER UNIT $0.54
Wednesday, 22 Feb 2017 04:36pm EST 

Allied Properties Real Estate Investment Trust : ALLIED ANNOUNCES FOURTH-QUARTER AND YEAR-END RESULTS . EXPECTS ITS OPERATING ENVIRONMENT TO BE GENERALLY FAVOURABLE IN 2017 . QTRLY FFO PER UNIT $0.54 . SEES 2017 MID-SINGLE-DIGIT PERCENTAGE GROWTH IN SAME-ASSET NOI . QTRLY AFFO PER UNIT $0.42 .SEES 2017 LOW- TO MID-SINGLE-DIGIT PERCENTAGE GROWTH IN FFO PER UNIT.  Full Article

Allied Properties REIT says approved monthly cash distribution increase from $0.125 to $0.1275/unit
Wednesday, 7 Dec 2016 07:30pm EST 

Allied Properties Real Estate Investment Trust : Approved an increase in monthly cash distributions from $0.125 to $0.1275 per unit .Allied Properties Real Estate Investment Trust announces distribution increase for 2017.  Full Article

Allied announces $200 million equity offering
Wednesday, 10 Aug 2016 04:18pm EDT 

Allied Properties Real Estate Investment Trust : Allied announces $200 million equity offering . Intends to use about $56 million of proceeds to pay down unsecured line of credit, about $38 million to repay mortgages . Entered agreement to issue to public, on a bought-deal basis, 5.3 million units from treasury at $37.80/unit .Intends to use about $88 million of net proceeds of offering to fund acquisitions announced on Aug 3.  Full Article

Riocan,allied,Diamondcorp to sell residential component of well to Tridel and Woodbourne
Tuesday, 26 Jul 2016 07:00am EDT 

Allied Properties Real Estate Investment Trust : Riocan, allied and Diamondcorp to sell residential component of well to Tridel and Woodbourne .Allied Properties says deal for $180 million.  Full Article

Allied Properties REIT announces $150 mln offering of unsecured debentures
Monday, 9 May 2016 05:33pm EDT 

Allied Properties Real Estate Investment Trust : Allied properties real estate investment trust says debentures will bear interest at a rate of 3.934% per annum and will mature on November 14, 2022 . To use proceeds to fund portion of purchase price of properties in montreal announced on may 4, 2016 . To also use net proceeds to repay amounts drawn on allied's unsecured credit facility .Allied properties reit announces $150 million offering of 3.934% series B senior unsecured debentures.  Full Article

Allied Properties Real Estate to acquire class I office property in Toronto's Liberty Village
Tuesday, 8 Mar 2016 04:26pm EST 

Allied Properties Real Estate:To acquire class I office property in Toronto's Liberty Village for $31 million.Does not intend to place mortgage financing on the Property in the near term.  Full Article

Allied Properties Real Estate Investment Trust announces normal course issuer bid
Thursday, 17 Dec 2015 05:05pm EST 

Allied Properties Real Estate Investment Trust:Received approval from tsx for normal course issuer bid which will enable it to purchase up to 7.7 million issued and outstanding units.Says allied intends to commence the ncib on December 22, 2015.Reit -discount at which units are issued pursuant to drip will be decreased from 3% to 0%,to take effect with December 2015 distribution.Reit says ncib will expire on December 21, 2016 or such earlier date as allied completes its purchases pursuant to the ncib.  Full Article

Allied Properties Real Estate Investment Trust Announces Distribution Increase for 2016
Wednesday, 9 Dec 2015 05:44pm EST 

Allied Properties REIT:Says that its Trustees have approved an increase in monthly cash distributions from $0.1216 per unit ($1.46 per unit annualized) to $0.125 per unit ($1.50 per unit annualized).increased monthly distribution will commence on January 15, 2016, payable to unitholders of record on December 31, 2015.  Full Article

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