AP-UN.TO - Allied Properties Real Estate Investment Trust

Toronto - Toronto Delayed Price. Currency in CAD
54.46
+0.22 (+0.41%)
At close: 4:00PM EST
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Previous Close54.24
Open54.25
Bid54.41 x 0
Ask54.44 x 0
Day's Range54.16 - 54.56
52 Week Range45.79 - 54.98
Volume252,767
Avg. Volume229,467
Market Cap6.689B
Beta (5Y Monthly)0.52
PE Ratio (TTM)11.85
EPS (TTM)4.59
Earnings DateN/A
Forward Dividend & Yield1.65 (3.04%)
Ex-Dividend DateJan 28, 2020
1y Target Est56.82
  • GlobeNewswire

    Allied Announces January 2020 Distribution

    TORONTO, Jan. 15, 2020 -- Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that the Trustees of Allied have declared a distribution of $0.1375 per unit for the.

  • GlobeNewswire

    Allied Announces Conference Call to Discuss Fourth-Quarter and Year-End Financial Results

    TORONTO, Jan. 07, 2020 -- Allied Properties REIT (TSX:AP.UN) will hold a conference call and live audio webcast at 10:00 a.m. (ET) on Thursday February 6, 2020, to discuss.

  • GlobeNewswire

    Allied to Acquire Major Class I Complex in Montréal

    Allied Properties Real Estate Investment Trust (AP-UN.TO) announced today that it has entered into an agreement to acquire a large and important Class I complex in Montréal, 747 Square-Victoria Street (“747 Square-Victoria”), for $276 million. 747 Square-Victoria is a Class I complex located in the heart of the International Quarter, a heritage- and amenity-rich area that connects the Downtown Core with Old Montréal. It will enhance Allied’s ability to serve knowledge-based organizations in urban Montréal as it transforms to a primary North American office market for TAMI (tech, advertising, media and information) users.

  • GlobeNewswire

    Allied Announces December 2019 Distribution and Distribution Increase for 2020

    TORONTO, Dec. 04, 2019 -- Allied Properties REIT (TSX:”AP.UN”) announced today that its Trustees have (i) declared a distribution of $0.133 per unit for the month of December,.

  • GlobeNewswire

    Allied Announces Closing of $345 Million Public Equity Offering

    Allied Properties Real Estate Investment Trust (“Allied”) (AP-UN.TO) announced today that it has closed its previously announced offering of 6,555,000 units (inclusive of 855,000 units issued pursuant to the exercise in full of the underwriters’ over-allotment option) at a price of $52.70 per unit for gross proceeds of $345,448,500. The units were qualified by a prospectus supplement dated November 27, 2019 to a short form base shelf prospectus dated November 19, 2019 and were underwritten on a bought deal basis by a syndicate of underwriters led by Scotiabank, RBC Capital Markets and Goldman Sachs Canada Inc. The units have not been, and will not be, registered under the United States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from such registration requirements.

  • GlobeNewswire

    Allied Announces $300 Million Equity Offering to Fund Its Ongoing Acquisition and Value-Add Programs on a Leverage-Neutral Basis

    Allied Properties Real Estate Investment Trust (AP-UN.TO) announced today that it has entered into an agreement with a syndicate of underwriters led by Scotiabank, RBC Capital Markets and Goldman Sachs Canada Inc., as joint bookrunners, to issue to the public, on a bought-deal basis, 5,700,000 units from treasury at a price of $52.70 per unit for gross proceeds of approximately $300 million. Allied has granted the underwriters an option (the “Over-Allotment Option”) to purchase up to an additional 855,000 units on the same terms and conditions, exercisable at any time, in whole or in part, for a period of 30 days following the closing of the offering.

  • GlobeNewswire

    Allied Announces Filing of Final Base Shelf Prospectus

    Allied Properties Real Estate Investment Trust (“Allied”) (AP-UN.TO) announced today that it has filed and obtained receipts for a final base shelf prospectus. The final base shelf prospectus dated November 19, 2019 was filed with the securities regulatory authorities in each of the provinces of Canada. The final base shelf prospectus is valid for a 25-month period, during which time Allied may offer and issue, from time to time, units and debt securities, or any combination thereof, having an aggregate offering price of up to $2.0 billion.

  • Thomson Reuters StreetEvents

    Edited Transcript of AP.UN.TO earnings conference call or presentation 31-Oct-19 2:00pm GMT

    Q3 2019 Allied Properties Real Estate Investment Trust Earnings Call

  • GlobeNewswire

    Allied Announces November 2019 Distribution

    TORONTO, Nov. 15, 2019 -- Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that the Trustees of Allied have declared a distribution of $0.133 per unit for the.

  • Moody's

    Allied Prop. Real Estate Investment Trust -- Moody's upgrades Allied Properties REIT's to Baa2; outlook stable

    Moody's Investors Service ("Moody's") today upgraded all of Allied Properties Real Estate Investment Trust's ("Allied") ratings, including its issuer rating to Baa2 from Baa3. Allied's leverage, as measured by Moody's-adjusted Net Debt/EBITDA improved to 6.5x for LTM Q2 2019 compared to 8.1x when Moody's first assigned the rating in June 2018, while its Moody's-adjusted fixed charge coverage improved to 3.4x from 3x during the same time frame.

  • GlobeNewswire

    Allied Announces Third-Quarter Results

    TORONTO, Oct. 30, 2019 -- Allied Properties Real Estate Investment Trust ("Allied") (TSX: "AP.UN") today announced results for its third quarter ended September 30, 2019. “We.

  • Could The Allied Properties Real Estate Investment Trust (TSE:AP.UN) Ownership Structure Tell Us Something Useful?
    Simply Wall St.

    Could The Allied Properties Real Estate Investment Trust (TSE:AP.UN) Ownership Structure Tell Us Something Useful?

    Every investor in Allied Properties Real Estate Investment Trust (TSE:AP.UN) should be aware of the most powerful...

  • GlobeNewswire

    Allied Announces October 2019 Distribution

    TORONTO, Oct. 15, 2019 -- Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that the Trustees of Allied have declared a distribution of $0.133 per unit for the.

  • GlobeNewswire

    Allied Announces Closing of $300 Million Offering of 3.113% Series E Senior Unsecured Debentures

    Allied Properties Real Estate Investment Trust (AP-UN.TO)(“Allied”) announced today that it has closed its previously announced offering of $300 million aggregate principal amount of series E senior unsecured debentures (the “Debentures”). The Debentures were offered on an agency basis by a syndicate of agents led by Scotia Capital Inc., CIBC World Markets Inc. and TD Securities Inc. DBRS Limited and Moody’s Investors Service, Inc. provided Allied with credit ratings of “BBB” (low) with a “Positive” trend and “Baa3”, respectively, relating to the Debentures. The Debentures were sold pursuant to a prospectus supplement dated October 2, 2019 to Allied’s base shelf prospectus dated November 27, 2018.

  • GlobeNewswire

    Allied Announces Pricing of Series E Senior Unsecured Debentures

    Allied Properties Real Estate Investment Trust (AP-UN.TO)(“Allied”) announced today that it has priced its previously announced offering, and has agreed to issue $300 million aggregate principal amount of series E senior unsecured debentures (the “Debentures”). The Debentures will bear interest at a rate of 3.113% per annum and will mature on April 8, 2027. The Debentures are being offered on an agency basis by a syndicate of agents led by Scotia Capital Inc., CIBC World Markets Inc. and TD Securities Inc. The offering is expected to close on or about October 8, 2019.

  • GlobeNewswire

    Allied Announces Launch of Offering of Series E Senior Unsecured Debentures

    Allied Properties Real Estate Investment Trust (AP-UN.TO) (“Allied”) announced today that it has launched an offering of $300 million aggregate principal amount of series E senior unsecured debentures (the “Debentures”). The Debentures are being offered on an agency basis by a syndicate of agents led by Scotia Capital Inc., CIBC World Markets Inc. and TD Securities Inc. Allied intends to provide further details of the offering, including pricing information, when available. Allied intends to use the net proceeds of the offering (i) to prepay approximately $140 million aggregate principal amount of first mortgages (the “Mortgages”), (ii) to repay approximately $60 million drawn on its unsecured line of credit and (iii) to fund its development and value-add initiatives over the remainder of 2019.

  • GlobeNewswire

    Allied Announces Conference Call to Discuss Third-Quarter Financial Results

    TORONTO, Sept. 25, 2019 -- Allied Properties Real Estate Investment Trust (“Allied”)(TSX:AP.UN) will hold a conference call and live audio webcast at 10:00 a.m. (ET) on.

  • GlobeNewswire

    Allied Announces September 2019 Distribution

    TORONTO, Sept. 16, 2019 -- Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that the Trustees of Allied have declared a distribution of $0.133 per unit for the.

  • GlobeNewswire

    Allied Announces August 2019 Distribution

    TORONTO, Aug. 15, 2019 -- Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that the Trustees of Allied have declared a distribution of $0.133 per unit for the.

  • GlobeNewswire

    Allied Announces Closing of $300 Million Offering of 3.394% Series D Senior Unsecured Debentures

    Allied Properties Real Estate Investment Trust (AP-UN.TO) (“Allied”) announced today that it has closed its previously announced offering of $300 million aggregate principal amount of series D senior unsecured debentures (the “Debentures”). The Debentures were offered on an agency basis by a syndicate of agents led by Scotia Capital Inc., BMO Nesbitt Burns Inc. and CIBC World Markets Inc. DBRS Limited and Moody’s Investors Service, Inc. provided Allied with credit ratings of “BBB” (low) with a “Positive” trend and “Baa3”, respectively, relating to the Debentures.

  • Thomson Reuters StreetEvents

    Edited Transcript of AP.UN.TO earnings conference call or presentation 1-Aug-19 2:00pm GMT

    Q2 2019 Allied Properties Real Estate Investment Trust Earnings Call

  • GlobeNewswire

    Allied Announces Redemption of 3.748% Series A Senior Unsecured Debentures

    Allied Properties Real Estate Investment Trust (AP-UN.TO)(“Allied”) announced today that it has issued a notice of redemption to the registered holders of its $225 million aggregate principal amount of 3.748% series A senior unsecured debentures due May 13, 2020 (the “Debentures”) on August 6, 2019. The Debentures will be redeemed in full on August 16, 2019 (the “Redemption Date”) in accordance with their terms. Pursuant to the terms of the trust indenture governing the Debentures, the Debentures will be redeemed at a redemption price equal to the greater of the “Canada Yield Price” and par, together in each case with accrued and unpaid interest to the Redemption Date.

  • GlobeNewswire

    Allied Announces Pricing and Upsizing of Offering of Series D Senior Unsecured Debentures

    Allied Properties Real Estate Investment Trust (AP-UN.TO) (“Allied”) announced today that it has priced and upsized its previously announced offering, and has agreed to issue $300 million aggregate principal amount of series D senior unsecured debentures (the “Debentures”). The Debentures will bear interest at a rate of 3.394% per annum and will mature on August 15, 2029. The Debentures are being offered on an agency basis by a syndicate of agents led by Scotia Capital Inc., BMO Nesbitt Burns Inc. and CIBC World Markets Inc. The offering is expected to close on or about August 15, 2019.

  • GlobeNewswire

    Allied Announces Launch of Offering of Series D Senior Unsecured Debentures

    Allied Properties Real Estate Investment Trust (AP-UN.TO) (“Allied”) announced today that it has launched an offering of a minimum of $225 million aggregate principal amount of series D senior unsecured debentures (the “Debentures”). The Debentures are being offered on an agency basis by a syndicate of agents led by Scotia Capital Inc., BMO Nesbitt Burns Inc. and CIBC World Markets Inc. Allied intends to provide further details of the offering, including pricing information, when available. Allied intends to use the net proceeds of the offering to redeem its $225,000,000 aggregate principal amount of 3.748% series A senior unsecured debentures due May 13, 2020 (the “Series A Debentures”) in full.

  • GlobeNewswire

    Allied Announces Second-Quarter Results

    TORONTO, July 31, 2019 -- Allied Properties Real Estate Investment Trust ("Allied") (TSX: "AP.UN") today announced results for its second quarter ended June 30, 2019. “We.