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Allied Properties Real Estate Investment Trust Announces Closing of Vintage I &;; II in Calgary
March 28, 2013 14:06 ET
Allied Properties Real Estate Investment Trust Announces Closing of Vintage I & II in Calgary
TORONTO, ONTARIO--(Marketwire - March 28, 2013) - Allied Properties REIT (TSX:AP.UN) announced today that it has completed the previously announced acquisition of the following Class I office property:
| Address | Total GLA | Office GLA | Retail GLA | Parking Spaces | ||||
| Vintage I & II, 322-326 - 11thAvenue S.W., Calgary | 210,430 | 190,237 | 20,193 | 210 |
With Vintage I & II, Allied's Calgary portfolio has increased to 15 properties with a total of approximately 777,660 square feet of GLA.
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.
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