Allied Announces Conversion to an Open-End Trust
13 Juin 2023 - 12:06AM
Allied Properties Real Estate Investment Trust
(“
Allied”) (TSX:AP.UN) announced today that it has
completed its conversion from a “closed-end” trust to an “open-end”
trust.
Unitholders approved the conversion of Allied to
an open-end trust and certain amendments to the declaration of
trust of Allied (the “Declaration of Trust”) at a
meeting of Unitholders held on May 2, 2023. The approval was
conditional upon the receipt of a satisfactory advance income tax
ruling from the Canada Revenue Agency, which Allied received on
June 1, 2023.
The conversion of Allied to an open-end trust
and the amendments to the Declaration of Trust are described in the
management information circular of Allied dated March 21, 2023,
which is available at www.sedar.com.
ABOUT ALLIED
Allied is a leading operator of distinctive
urban workspace in Canada’s major cities and network-dense UDC
space in Toronto. Allied’s mission is to provide knowledge-based
organizations with workspace and UDC space that is sustainable and
conducive to human wellness, creativity, connectivity and
diversity. Allied’s vision is to make a continuous contribution to
cities and culture that elevates and inspires the humanity in all
people.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Cecilia WilliamsPresident & Chief Executive Officer(416)
977-9002cwilliams@alliedreit.com
Nanthini MahalingamSenior Vice President &
Chief Financial Officer(416) 977-9002nmahalingam@alliedreit.com
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