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Allied Properties Real Estate Investment Trust (AP_u.TO)

AP_u.TO on Toronto Stock Exchange

45.52CAD
7 Dec 2018
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Latest Key Developments (Source: Significant Developments)

Allied Announces $135 Million Equity Offering To Fund A Growing And Successful Urban Development Pipeline
Monday, 17 Sep 2018 04:14pm EDT 

Sept 17 (Reuters) - Allied Properties Real Estate Investment Trust ::ALLIED ANNOUNCES $135 MILLION EQUITY OFFERING TO FUND A GROWING AND SUCCESSFUL URBAN DEVELOPMENT PIPELINE.ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST - TO ISSUE TO PUBLIC, ON A BOUGHT-DEAL BASIS, 3.1 MILLION UNITS FROM TREASURY AT A PRICE OF $43.75 PER UNIT.ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST - WILL USE PROCEEDS OF OFFERING TO REPAY ALL AMOUNTS DRAWN ON OPERATING AND ACQUISITION LINE OF CREDIT.  Full Article

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