Allied Properties Real Estate Investment Trust Announces Closing of the Chamber of Commerce Building in Calgary and Related Lease Transactions
(firmenpresse) - TORONTO, ONTARIO -- (Marketwire) -- 10/23/12 -- Allied Properties REIT (TSX: AP.UN) announced today that it has closed the acquisition of the Chamber of Commerce Building in Calgary. Allied has leased all 33,874 square feet of GLA in the building to a high quality tenant for a term of 10 years commencing on April 1, 2013. Prior to commencement of the lease, Allied will complete infrastructure improvements to the building.
Allied has also leased 10,860 square feet of GLA at The Burns Building to the Calgary Chamber of Commerce for a term of 10 years commencing March 1, 2013. This is a property under development in Calgary that Allied acquired earlier this year.
Allied Properties REIT is a leading owner, manager and developer of urban office environments that enrich experience and enhance profitability for business tenants operating in Canada's major cities. Its objectives are to provide stable and growing cash distributions to unitholders and to maximize unitholder value through effective management and accretive portfolio growth.
Contacts:
Allied Properties REIT
Michael R. Emory
President and Chief Executive Officer
(416) 977-0643
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 23.10.2012 - 15:37 Uhr
Sprache: Deutsch
News-ID 1163134
Anzahl Zeichen: 0
contact information:
Contact person:
Town:
TORONTO, ONTARIO
Phone:
Kategorie:
Commercial Real Estate
Anmerkungen:
Diese Pressemitteilung wurde bisher 125 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Allied Properties Real Estate Investment Trust Announces Closing of the Chamber of Commerce Building in Calgary and Related Lease Transactions
"
steht unter der journalistisch-redaktionellen Verantwortung von
Allied Properties Real Estate Investment Trust (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
