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Allied Properties Real Estate Investment Trust (AP_u.TO)

AP_u.TO on Toronto Stock Exchange

41.93CAD
22 Jun 2018
Change (% chg)

$-0.47 (-1.11%)
Prev Close
$42.40
Open
$42.04
Day's High
$42.24
Day's Low
$40.95
Volume
286,336
Avg. Vol
145,085
52-wk High
$43.80
52-wk Low
$37.68

Latest Key Developments (Source: Significant Developments)

Allied Properties REIT Announces Normal Course Issuer Bid
Tuesday, 20 Feb 2018 07:45am EST 

Feb 20 (Reuters) - Allied Properties Real Estate Investment Trust ::ALLIED PROPERTIES REIT ANNOUNCES NORMAL COURSE ISSUER BID.ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST - ‍ALLIED INTENDS TO COMMENCE NCIB ON FEBRUARY 22, 2018​.ALLIED PROPERTIES REIT - ‍RECEIVED APPROVAL FROM TSX FOR NCIB WHICH WILL ENABLE IT TO PURCHASE UP TO 9.1 MILLION OF ISSUED AND OUTSTANDING UNITS ​.ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST - ‍NCIB WILL EXPIRE ON FEBRUARY 21, 2019​.  Full Article

Allied Announces Sale Of Non-Core Assets In Western Canada
Thursday, 30 Nov 2017 01:12am EST 

Nov 30 (Reuters) - Allied Properties Real Estate Investment Trust ::ALLIED ANNOUNCES SALE OF NON-CORE ASSETS IN WESTERN CANADA.ALLIED PROPERTIES REAL ESTATE INVESTMENT-AGREEMENT TO SELL 5 PROPERTIES IN WINNIPEG, SOLD METALS BUILDING IN EDMONTON FOR AGGREGATE PROCEEDS OF $30 MILLION​.  Full Article

Allied Properties REIT reports qtrly AFFO per unit $0.38 ‍​
Wednesday, 1 Nov 2017 04:11pm EDT 

Nov 1 (Reuters) - Allied Properties Real Estate Investment Trust :Allied announces third-quarter results.Qtrly AFFO per unit $0.38 ‍​.Qtrly FFO per unit $0.54 ‍​.  Full Article

Allied and RioCan to acquire Diamond Corp.'s interest in commercial component of the well
Thursday, 5 Oct 2017 08:50am EDT 

Oct 5 (Reuters) - Allied Properties Real Estate Investment Trust :Allied and RioCan to acquire Diamond Corp.'s interest in commercial component of the well.Allied Properties Real Estate Investment Trust - deal for ‍up to $42 million​.Allied Properties Real Estate Investment Trust - ‍RioCan will own an undivided 50% interest in commercial component​.  Full Article

Allied announces $270 mln equity offering
Tuesday, 8 Aug 2017 04:49pm EDT 

Aug 8 (Reuters) - Allied Properties Real Estate Investment Trust :Allied announces $270 million equity offering.Allied Properties Real Estate Investment- agreement with syndicate of underwriters to issue to public 6.9 million units from treasury at price of $39/unit​.Allied Properties Real Estate Investment Trust- ‍intends to use proceeds of offering to fund balance of expected $500 million of capital investment in 2017​.  Full Article

Allied qtrly ‍FFO per unit $0.54​
Wednesday, 2 Aug 2017 04:24pm EDT 

Aug 2 (Reuters) - Allied Properties Real Estate Investment Trust AP_U.TO:Allied announces second-quarter results.Allied Properties Real Estate Investment trust qtrly ‍ AFFO per unit (diluted) $ 0.39​.Allied Properties Real Estate Investment Trust qtrly ‍ FFO per unit (diluted) $ 0.54​.Q2 FFO per share view c$0.54 -- Thomson Reuters I/B/E/S.  Full Article

Allied announces acquisition in Toronto's St. Lawrence market area
Tuesday, 20 Jun 2017 05:24pm EDT 

June 20 (Reuters) - Allied Properties Real Estate Investment Trust -:Allied announces acquisition in Toronto's St. Lawrence market area.Deal for $60 million.Allied properties real estate investment trust - ‍"we do not expect to pursue either intensification opportunity in near term"​.Allied Properties Real Estate Investment Trust - financed acquisition by utilizing portion of proceeds from most recent unsecured debenture financing.Expects acquisition to be neutral to its ffo per unit at outset.Allied Properties Real Estate Investment Trust - expects acquisition to become modestly accretive to ffo per unit during first 5 years of ownership.Allied Properties Real Estate Investment Trust - property was free and clear of mortgage financing on closing.  Full Article

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