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United Kingdom

Allied Announces Class I Acquisitions In Urban Vancouver


Wednesday, 7 Nov 2018 

Allied Properties Real Estate Investment Trust ::ALLIED ANNOUNCES CLASS I ACQUISITIONS IN URBAN VANCOUVER.ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST - HAS ACQUIRED 1220 HOMER STREET.ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST - ENTERED INTO AN AGREEMENT TO ACQUIRE 151 WEST HASTINGS STREET FOR TOTAL CONSIDERATION OF $57.5 MILLION.ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST - ALLIED WILL FINANCE EQUITY COMPONENT OF ACQUISITION FROM ITS UNSECURED LINE OF CREDIT.ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST - ALLIED EXPECTS ACQUISITION OF PROPERTIES TO BE NEUTRAL TO ITS AFFO PER UNIT. 

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