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BRIEF-Allied Announces Class I Acquisitions In Urban Vancouver

Published 2018-11-07, 05:37 p/m
© Reuters.  BRIEF-Allied Announces Class I Acquisitions In Urban Vancouver
AP_u
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Allied Properties Real Estate Investment Trust AP_u.TO :

* 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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