ACR-UN.TO - Agellan Commercial Real Estate Investment Trust

Toronto - Toronto Delayed Price. Currency in CAD
14.25
+0.03 (+0.21%)
At close: 4:00PM EDT
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Previous Close14.22
Open14.22
Bid14.24 x 0
Ask14.25 x 0
Day's Range14.22 - 14.25
52 Week Range12.36 - 14.40
Volume481,092
Avg. VolumeN/A
Market CapN/A
Beta (3Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Business Wire

    Agellan Commercial Real Estate Investment Trust Announces Closing of Plan of Arrangement with Elad Group

    Agellan Commercial Real Estate Investment Trust (the “REIT”) (ACR-UN.TO) announced today the closing of the previously-announced plan of arrangement pursuant to which Elad Genesis Limited Partnership (“Elad”), among other things, acquired all of the outstanding trust units of the REIT (“Trust Units”), other than Trust Units already owned by Elad or its affiliates, for $14.25 per Trust Unit in cash (the “Transaction”).

  • Business Wire

    Agellan Commercial Real Estate Investment Trust Announces Final Special Distribution

    Agellan Commercial Real Estate Investment Trust (the “REIT”) (ACR-UN.TO) announced today that its Board of Trustees has declared a special non-cash distribution (the “Special Distribution”) on its issued and outstanding trust units (“Units”). The Special Distribution has been declared pursuant to the previously announced arrangement with Elad Genesis Limited Partnership (“El-Ad”), an affiliate of El-Ad Group, Ltd., pursuant to which El-Ad has agreed to acquire all of the outstanding Units of the REIT for $14.25 in cash per Unit, other than Units already owned by El-Ad or its affiliates (the “Arrangement”). The Special Distribution is estimated to be $0.26 per Unit and will be paid to unitholders of record on the closing date of the Arrangement (the “Closing Date”) solely by the issuance of additional Units.

  • ACCESSWIRE

    Today's Research Reports on Agellan Commercial REIT, WPT Industrial REIT, Temple Hotels and Terra Firma Capital

    NEW YORK, NY / ACCESSWIRE / January 22, 2019 / The Market Wealth Report strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register ...

  • Business Wire

    Agellan Commercial Real Estate Investment Trust Announces January 2019 Monthly Distribution

    Agellan Commercial Real Estate Investment Trust (“Agellan” or the “REIT”) (ACR-UN.TO) announced today that its Board of Trustees has declared a distribution of $0.0675 per unit for the month of January 2019, representing $0.810 per unit on an annualized basis. The REIT is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT has been created for the purpose of acquiring and owning industrial, office and retail properties in select target markets in the United States and Canada.

  • Business Wire

    Agellan Commercial Real Estate Investment Trust Receives Court Approval for Proposed Plan of Arrangement with Elad Group

    Agellan Commercial Real Estate Investment Trust (the “REIT”) (ACR-UN.TO) announced today that it has obtained a final order from the Ontario Superior Court of Justice (Commercial List) approving the previously-announced plan of arrangement pursuant to which Elad Genesis Limited Partnership (“Elad”) or one of its affiliates will, among other things, acquire all of the outstanding trust units of the REIT (“Trust Units”), other than Trust Units already owned by Elad or its affiliates, for $14.25 per Trust Unit in cash (the “Transaction”).

  • Business Wire

    Agellan Commercial Real Estate Investment Trust Unitholders Approve Transaction With Elad Group

    Agellan Commercial Real Estate Investment Trust (the “REIT”) (ACR-UN.TO) announced today that the plan of arrangement pursuant to which Elad Genesis Limited Partnership or one of its affiliates (“Elad”) will, among other things, acquire all of the outstanding trust units of the REIT (“Trust Units”), other than Trust Units already owned by Elad or its affiliates, for $14.25 per Trust Unit in cash (the “Transaction”) was approved by its unitholders at a special meeting of unitholders held on January 10, 2019 (the “Meeting”).

  • Business Wire

    Leading Proxy Advisory Firms, ISS and Glass Lewis, Recommend Agellan Unitholders Vote FOR the Plan of Arrangement with Elad

    NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES

  • Business Wire

    Agellan Commercial Real Estate Investment Trust Announces December 2018 Monthly Distribution

    Agellan Commercial Real Estate Investment Trust (“Agellan” or the “REIT”) (ACR-UN.TO) announced today that its Board of Trustees has declared a distribution of $0.0675 per unit for the month of December 2018, representing $0.810 per unit on an annualized basis. The REIT is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT has been created for the purpose of acquiring and owning industrial, office and retail properties in select target markets in the United States and Canada.

  • Business Wire

    Agellan Commercial Real Estate Investment Trust Obtains Interim Order for Plan of Arrangement and Announces Special Meeting of Unitholders

    Agellan Commercial Real Estate Investment Trust (the “REIT”) (ACR-UN.TO) is pleased to announce that today it obtained an interim order (the “Interim Order”) from the Ontario Superior Court of Justice (Commercial List) providing for, among other things, the holding of a special meeting (the “Meeting”) of the holders of trust units and special voting units of the REIT (“Unitholders”). At the Meeting, Unitholders will be asked to approve the previously announced arrangement under the Business Corporations Act (Ontario) and the Trustee Act (Ontario) with, among others, Elad Genesis Limited Partnership (“El-Ad”), an affiliate of El-Ad Group, Ltd., pursuant to which El-Ad or one of its affiliates will acquire all of the outstanding trust units of the REIT for C$14.25 in cash per trust unit, other than trust units already owned by El-Ad or its affiliates (the “Transaction”).

  • ACCESSWIRE

    Today's Research Reports on Agellan Commercial REIT, Wall Financial, Brookfield Real Estate Services and Allied Properties REIT

    NEW YORK, NY / ACCESSWIRE / November 30, 2018 / The Market Edge strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register with us ...

  • Business Wire

    Agellan Commercial Real Estate Investment Trust Announces November 2018 Monthly Distribution

    Agellan Commercial Real Estate Investment Trust (“Agellan” or the “REIT”) (ACR-UN.TO) announced today that its Board of Trustees has declared a distribution of $0.0675 per unit for the month of November 2018, representing $0.810 per unit on an annualized basis. The REIT is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT has been created for the purpose of acquiring and owning industrial, office and retail properties in select target markets in the United States and Canada.

  • Thomson Reuters StreetEvents

    Edited Transcript of ACR.UN.TO earnings conference call or presentation 14-Nov-18 7:00pm GMT

    Q3 2018 Agellan Commercial Real Investment Trust Earnings Call

  • Business Wire

    Agellan Commercial Real Estate Investment Trust Releases Third Quarter 2018 Results

    NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

  • Business Wire

    Agellan Commercial Real Estate Investment Trust to Be Acquired by Elad Group for C$14.25 in Cash Per Unit

    Agellan Commercial Real Estate Investment Trust (the “REIT”) (ACR-UN.TO) announced today that it has entered into an arrangement agreement (the “Arrangement Agreement”) pursuant to which Elad Genesis Limited Partnership (“El-Ad”), an affiliate of El-Ad Group, Ltd., has agreed to acquire all of the outstanding trust units of the REIT (each, a “Unit”) for C$14.25 in cash per Unit (the “Transaction”), other than Units already owned by El-Ad or its affiliates. The Transaction values the REIT at approximately C$680 million, including the REIT’s net debt.

  • Simply Wall St.

    Why You Shouldn’t Look At Agellan Commercial Real Estate Investment Trust’s (TSE:ACR.UN) Bottom Line

    Agellan Commercial Real Estate Investment Trust is a CA$432m small-cap, real estate investment trust (REIT) based in Toronto, Canada. REIT shares give you ownership of the company than owns and Read More...

  • Business Wire

    Agellan Commercial Real Estate Investment Trust Announces Details of Its Third Quarter Conference Call and October 2018 Monthly Distribution

    NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES

  • Business Wire

    Agellan Commercial Real Estate Investment Trust Announces the Closing of Interests in Two Industrial Properties Located in Atlanta, Georgia and Austin, Texas

    Agellan Commercial Real Estate Investment Trust (the “REIT”) (ACR-UN.TO) announced today that it has completed its previously announced acquisition of a light industrial property located in Northcentral Austin, Texas and a 50% interest in an industrial distribution center in the I-85 South submarket of Atlanta, Georgia (together, the “Acquisitions”). The Newnan Distribution Center comprises approximately 1.9 million square feet of gross leasable area and was acquired for an aggregate purchase price of approximately US$53 million (before closing costs), representing a going-in capitalization rate of approximately 5.5%, and a stabilized capitalization rate of approximately 7.25%.

  • Business Wire

    Agellan Commercial Real Estate Investment Trust Announces September 2018 Monthly Distribution

    Agellan Commercial Real Estate Investment Trust (“Agellan” or the “REIT”) (ACR-UN.TO) announced today that its Board of Trustees has declared a distribution of $0.0675 per unit for the month of September 2018, representing $0.810 per unit on an annualized basis. Agellan offers a distribution reinvestment plan (“DRIP”) to unitholders whereby the participants may elect to have their cash distributions used to purchase trust units of the REIT. Unitholders wishing to participate should contact their investment advisors to enroll in the DRIP.

  • Business Wire

    Agellan Commercial Real Estate Investment Trust Responds to Market Rumours

    Agellan Commercial Real Estate Investment Trust (the “REIT”) (ACR-UN.TO) has been made aware of market speculation that it is currently engaged in a formal review process to explore strategic alternatives, which may include a sale of all or substantially all of the assets or units of the REIT. The REIT confirms that a review process is ongoing and that its Board of Trustees has engaged RBC Capital Markets and Wells Fargo Securities, LLC as financial advisors. The REIT does not intend to disclose developments with respect to the review process unless and until the Board of Trustees has approved a specific transaction or otherwise determines that disclosure is necessary or appropriate.

  • Business Wire

    Agellan Commercial Real Estate Investment Trust Announces the Acquisition of Interests in Two Industrial Properties Located in Austin, Texas and Atlanta, Georgia

    Agellan Commercial Real Estate Investment Trust (the “REIT”) (ACR-UN.TO) announced today that it has entered into agreements to purchase a light industrial property located in Northcentral Austin, Texas and a 50% interest in an industrial distribution center in the I-85 South submarket of Atlanta, Georgia (together, the “Acquisitions”). The Newnan Distribution Center comprises approximately 1.9 million square feet of gross leasable area and will be acquired for an aggregate purchase price of approximately US$53 million (before closing costs), representing a going-in capitalization rate of approximately 5.5%, and a stabilized capitalization rate of approximately 7.25%.