Allied Announces Closing of Strategic Toronto Acquisitions

Allied Announces Closing of Strategic Toronto Acquisitions

ID: 492088

(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 08/31/16 -- Allied Properties Real Estate Investment Trust ("Allied") (TSX: AP.UN) today announced that it has closed the acquisition of the following properties in Toronto (the "Properties") for $101 million:

Allied has completed $363 million in acquisitions thus far in 2016.

Allied is a leading owner, manager and developer of urban office environments that enrich experience and enhance profitability for business tenants operating in Canada's major cities. Its objectives are to provide stable and growing cash distributions to unitholders and to maximize unitholder value through effective management and accretive portfolio growth. For further information, please refer to Allied's website at .



Contacts:
Allied Properties Real Estate Investment Trust
Michael Emory
President & CEO
(416) 977-0643


Allied Properties Real Estate Investment Trust
Cecilia C. Williams
Vice President & CFO
(416) 977-9002



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Bereitgestellt von Benutzer: Marketwired
Datum: 31.08.2016 - 20:48 Uhr
Sprache: Deutsch
News-ID 492088
Anzahl Zeichen: 0

contact information:
Town:

TORONTO, ONTARIO



Kategorie:

Commercial Real Estate



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"Allied Announces Closing of Strategic Toronto Acquisitions"
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