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Allied Properties Real Estate Investment Trust ( ($TSE:AP.UN) ) has issued an announcement.
Allied Properties Real Estate Investment Trust announced a $450 million green bond offering, with the proceeds intended for refinancing eligible green projects. The funds will initially be used to repay a construction loan for 19 Duncan Street in Toronto and series C senior unsecured debentures, emphasizing Allied’s commitment to sustainability and environmental responsibility.
More about Allied Properties Real Estate Investment Trust
Allied Properties Real Estate Investment Trust is a company operating in the real estate investment industry, focusing on owning, managing, and developing urban office environments in Canada. Its primary products include office spaces, retail areas, and residential units, with a strong emphasis on sustainability and environmentally friendly projects.
YTD Price Performance: -0.20%
Average Trading Volume: 38,798
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $1.66B
Learn more about AP.UN stock on TipRanks’ Stock Analysis page.
