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    AP.UN — Allied Properties Real Estate Investment Trust News Story

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    Brief: Allied To Acquire Ownership Interest In 400 West Georgia And Increase Ownership Interest In 19 Duncan

    Picture of Allied Properties Real Estate Investment Trust logoAllied Properties Real Estate Investment Trust
    11/03/2024 21:14
    March 11 (Reuters) - Allied Properties Real Estate
Investment Trust  AP_u.TO :
    * ALLIED TO ACQUIRE OWNERSHIP INTEREST IN 400 WEST GEORGIA
AND
INCREASE OWNERSHIP INTEREST IN 19 DUNCAN
    * ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST - TO
CONVERT
$130.5 MILLION OF MEZZANINE LOAN TO EQUITY FOR 90% UNDIVIDED
INTEREST IN 400 WEST GEORGI
    * ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST -
TRANSACTION
WILL BE BASED ON A TOTAL PROPERTY VALUE OF $395 MILLION

Source text for Eikon:  ID:nGNXb3n2Q7 
Further company coverage:  AP_u.TO 

 ((Reuters.Briefs@thomsonreuters.com;))

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