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Feb 19, 2019 04:31 pm ET
Agellan Commercial Real Estate Investment Trust Announces Closing of Plan of Arrangement with Elad Group
Agellan Commercial Real Estate Investment Trust (the “REIT”) (TSX: ACR.UN) announced today the closing of the previously-announced plan of arrangement pursuant to which Elad Genesis Limited Partnership (“Elad”), among other things, acquired all of the outstanding trust units of the REIT (“Trust Units”), other than Trust Units already owned by Elad or its affiliates, for $14.25 per Trust Unit in cash (the “Transaction”).
Feb 11, 2019 06:00 pm ET
Agellan Commercial Real Estate Investment Trust Announces Final Special Distribution
Agellan Commercial Real Estate Investment Trust (the “REIT”) (TSX: ACR.UN) announced today that its Board of Trustees has declared a special non-cash distribution (the “Special Distribution”) on its issued and outstanding trust units (“Units”).
Jan 21, 2019 04:46 pm ET
Agellan Commercial Real Estate Investment Trust Announces January 2019 Monthly Distribution
Agellan Commercial Real Estate Investment Trust (“Agellan” or the “REIT”) (TSX: ACR.UN) announced today that its Board of Trustees has declared a distribution of $0.0675 per unit for the month of January 2019, representing $0.810 per unit on an annualized basis. The distribution will be payable on February 15, 2019 to unitholders of record as at January 31, 2019.
Jan 14, 2019 12:07 pm ET
Agellan Commercial Real Estate Investment Trust Receives Court Approval for Proposed Plan of Arrangement with Elad Group
Agellan Commercial Real Estate Investment Trust (the “REIT”) (TSX: ACR.UN) announced today that it has obtained a final order from the Ontario Superior Court of Justice (Commercial List) approving the previously-announced plan of arrangement pursuant to which Elad Genesis Limited Partnership (“Elad”) or one of its affiliates will, among other things, acquire all of the outstanding trust units of the REIT (“Trust Units”), other than Trust Units already owned by Elad or its affiliates, for $14.25 per Trust Unit in cash (the “
Jan 10, 2019 01:22 pm ET
Agellan Commercial Real Estate Investment Trust Unitholders Approve Transaction With Elad Group
Agellan Commercial Real Estate Investment Trust (the “REIT”) (TSX: ACR.UN) announced today that the plan of arrangement pursuant to which Elad Genesis Limited Partnership or one of its affiliates (“Elad”) will, among other things, acquire all of the outstanding trust units of the REIT (“Trust Units”), other than Trust Units already owned by Elad or its affiliates, for $14.25 per Trust Unit in cash (the “Transaction”) was approved by its unitholders at a special meeting of unitholders held on January 10, 2019 (the “
Dec 20, 2018 09:39 pm ET
Leading Proxy Advisory Firms, ISS and Glass Lewis, Recommend Agellan Unitholders Vote FOR the Plan of Arrangement with Elad
Agellan Commercial Real Estate Investment Trust (the “REIT”) (TSX:ACR.UN) announced today that Institutional Shareholder Services, Inc. (“ISS”) and Glass, Lewis & Co., LLC (“Glass Lewis”), two leading independent proxy advisory firms, have recommended that unitholders of the REIT (“Unitholders”) vote FOR the special resolution (the “Special Resolution”) at the upcoming special meeting of Unitholders (the “Meeting”) to approve the plan of arrangement pursuant to which Elad Gen
Dec 19, 2018 04:46 pm ET
Agellan Commercial Real Estate Investment Trust Announces Special Distribution
Agellan Commercial Real Estate Investment Trust (the “REIT”) (TSX: ACR.UN) announced today that its Board of Trustees has declared a special non-cash distribution on its issued and outstanding trust units (“Units”) to holders of record at the close of business on December 31, 2018 (the “Special Distribution”). The Special Distribution is equal to $1.94 per Unit and will be paid solely by the issuance of additional Units on December 31, 2018. The value of each Unit to be issued pursuant to the Special Distribution will be the weighted average trading price of the Units on t
Dec 17, 2018 09:03 pm ET
Agellan Commercial Real Estate Investment Trust Announces December 2018 Monthly Distribution
Agellan Commercial Real Estate Investment Trust (“Agellan” or the “REIT”) (TSX: ACR.UN) announced today that its Board of Trustees has declared a distribution of $0.0675 per unit for the month of December 2018, representing $0.810 per unit on an annualized basis. The distribution will be payable on January 15, 2019 to unitholders of record as at December 31, 2018.
Dec 06, 2018 05:12 pm ET
Agellan Commercial Real Estate Investment Trust Obtains Interim Order for Plan of Arrangement and Announces Special Meeting of Unitholders
Agellan Commercial Real Estate Investment Trust (the “REIT”) (TSX: ACR.UN) is pleased to announce that today it obtained an interim order (the “Interim Order”) from the Ontario Superior Court of Justice (Commercial List) providing for, among other things, the holding of a special meeting (the “Meeting”) of the holders of trust units and special voting units of the REIT (“Unitholders”). At the Meeting, Unitholders will be asked to approve the previously announced arrangement under the Business Corporations Act (
Nov 23, 2018 03:15 pm ET
Agellan Commercial Real Estate Investment Trust Announces November 2018 Monthly Distribution
Agellan Commercial Real Estate Investment Trust (“Agellan” or the “REIT”) (TSX: ACR.UN) announced today that its Board of Trustees has declared a distribution of $0.0675 per unit for the month of November 2018, representing $0.810 per unit on an annualized basis. The distribution will be payable on December 17, 2018 to unitholders of record as at November 30, 2018.
Nov 14, 2018 05:45 am ET
Agellan Commercial Real Estate Investment Trust Releases Third Quarter 2018 Results
Agellan Commercial Real Estate Investment Trust (the “REIT”) (TSX:ACR.UN) is pleased to report its financial results for the three and nine month periods ended September 30, 2018. All dollar amounts (except per Unit amounts) are in thousands of Canadian dollars, unless otherwise stated.
Nov 14, 2018 05:30 am ET
Agellan Commercial Real Estate Investment Trust to Be Acquired by Elad Group for C$14.25 in Cash Per Unit
Agellan Commercial Real Estate Investment Trust (the “REIT”) (TSX: ACR.UN) announced today that it has entered into an arrangement agreement (the “Arrangement Agreement”) pursuant to which Elad Genesis Limited Partnership (“El-Ad”), an affiliate of El-Ad Group, Ltd., has agreed to acquire all of the outstanding trust units of the REIT (each, a “Unit”) for C$14.25 in cash per Unit (the “Transaction”), other than Units already owned by El-Ad or its affiliates. The Transaction values the REIT at approximately C$68
Oct 25, 2018 08:48 am ET
Agellan Commercial Real Estate Investment Trust Announces Details of Its Third Quarter Conference Call and October 2018 Monthly Distribution
Agellan Commercial Real Estate Investment Trust (“Agellan” or the “REIT”) (TSX: ACR.UN) announced today that the REIT will hold a conference call to discuss its financial performance for the three and nine month periods ended September 30, 2018 on Wednesday, November 14, 2018 at 2:00 p.m. (Toronto time). The financial results will be released prior to the call.
Sep 18, 2018 08:10 pm ET
Agellan Commercial Real Estate Investment Trust Announces September 2018 Monthly Distribution
Agellan Commercial Real Estate Investment Trust (“Agellan” or the “REIT”) (TSX: ACR.UN) announced today that its Board of Trustees has declared a distribution of $0.0675 per unit for the month of September 2018, representing $0.810 per unit on an annualized basis. The distribution will be payable on October 15, 2018 to unitholders of record as at September 28, 2018.
Sep 13, 2018 07:00 am ET
Agellan Commercial Real Estate Investment Trust Responds to Market Rumours
Agellan Commercial Real Estate Investment Trust (the “REIT”) (TSX: ACR.UN) has been made aware of market speculation that it is currently engaged in a formal review process to explore strategic alternatives, which may include a sale of all or substantially all of the assets or units of the REIT. The REIT confirms that a review process is ongoing and that its Board of Trustees has engaged RBC Capital Markets and Wells Fargo Securities, LLC as financial advisors.
Sep 04, 2018 05:51 pm ET
Agellan Commercial Real Estate Investment Trust Announces the Acquisition of Interests in Two Industrial Properties Located in Austin, Texas and Atlanta, Georgia
Agellan Commercial Real Estate Investment Trust (the “REIT”) (TSX: ACR.UN) announced today that it has entered into agreements to purchase a light industrial property located in Northcentral Austin, Texas and a 50% interest in an industrial distribution center in the I-85 South submarket of Atlanta, Georgia (together, the “Acquisitions”).
Aug 21, 2018 01:34 pm ET
Agellan Commercial Real Estate Investment Trust Announces August 2018 Monthly Distribution
Agellan Commercial Real Estate Investment Trust (“Agellan” or the “REIT”) (TSX: ACR.UN) announced today that its Board of Trustees has declared a distribution of $0.0675 per unit for the month of August 2018, representing $0.810 per unit on an annualized basis. The distribution will be payable on September 17, 2018 to unitholders of record as at August 31, 2018.
Aug 13, 2018 06:27 pm ET
Agellan Commercial Real Estate Investment Trust Releases Second Quarter 2018 Results
Agellan Commercial Real Estate Investment Trust (the “REIT”) (TSX:ACR.UN):
Jul 19, 2018 11:45 am ET
Agellan Commercial Real Estate Investment Trust Announces July 2018 Monthly Distribution and Details of Its Second Quarter Conference Call
Agellan Commercial Real Estate Investment Trust (“Agellan” or the “REIT”) (TSX: ACR.UN) announced today that its Board of Trustees has declared a distribution of $0.0675 per unit for the month of July 2018, representing $0.810 per unit on an annualized basis. The distribution will be payable on August 15, 2018 to unitholders of record as at July 31, 2018.
Jul 16, 2018 07:15 am ET
Agellan Commercial Real Estate Investment Trust Provides Leasing Update for Its Naperville, Illinois Office Property
Agellan Commercial Real Estate Investment Trust (the “REIT”) (TSX: ACR.UN) announced today it has entered into a lease with Aldi Inc. (“Aldi”) at the REIT’s Naperville, Illinois office property (the “Naperville Property”) for approximately 113,000 square feet at current market rental rates. Aldi is expected to occupy approximately 80% of the approximately 141,000 square feet of space that the REIT previously announced would be surrendered by Health Care Service Corporation (“HCSC”). Aldi’s lease will commence on January 1, 2019 and will h
Jul 13, 2018 05:15 pm ET
Agellan Commercial Real Estate Investment Trust Announces the Disposition of an Office Building in Charlotte, North Carolina
Agellan Commercial Real Estate Investment Trust (the “REIT”) (TSX:ACR.UN) announced today that it has completed its previously announced sale of the REIT’s approximately 118,500 square foot, five-story multi-tenant office building located at 10130 Perimeter Parkway in Charlotte, North Carolina (the “Property”).
Jun 19, 2018 05:30 pm ET
Agellan Commercial Real Estate Investment Trust Announces June 2018 Monthly Distribution
Agellan Commercial Real Estate Investment Trust (“Agellan” or the “REIT”) (TSX: ACR.UN) announced today that its Board of Trustees has declared a distribution of $0.0675 per unit for the month of June 2018, representing $0.810 per unit on an annualized basis. The distribution will be payable on July 16, 2018 to unitholders of record as at June 29, 2018.
Jun 18, 2018 08:25 am ET
Agellan Commercial Real Estate Investment Trust Announces the Disposition of an Office Building in Charlotte, North Carolina
Agellan Commercial Real Estate Investment Trust (the “REIT”) (TSX: ACR.UN) announced today that a third-party purchaser has agreed to purchase the REIT’s approximately 118,500 square foot, five-story multi-tenant office building located at 10130 Perimeter Parkway in Charlotte, North Carolina (the “Property”).
Jun 12, 2018 08:49 pm ET
Agellan Commercial REIT Announces Election of Trustees
Agellan Commercial Real Estate Investment Trust (TSX: ACR.UN):
May 31, 2018 08:05 pm ET
May 23, 2018 10:23 am ET
Agellan Commercial Real Estate Investment Trust Announces May 2018 Monthly Distribution
Agellan Commercial Real Estate Investment Trust (“Agellan” or the “REIT”) (TSX: ACR.UN):
May 16, 2018 07:00 am ET
Agellan Commercial Real Estate Investment Trust Provides Leasing Update at Parkway Place
Agellan Commercial Real Estate Investment Trust (TSX: ACR.UN):
May 08, 2018 07:19 pm ET
Agellan Commercial Real Estate Investment Trust Releases First Quarter 2018 Results
Agellan Commercial Real Estate Investment Trust (“Agellan” or the “REIT”) (TSX: ACR.UN):
May 07, 2018 08:14 am ET
IIROC Trade Resumption - ACR.UN
TORONTO, May 7, 2018 /CNW/ - Trading resumes in:
May 04, 2018 04:14 pm ET
Agellan Commercial Real Estate Investment Trust Announces Agreement to Sell Parkway Place
Agellan Commercial Real Estate Investment Trust (TSX: ACR.UN):
May 04, 2018 03:44 pm ET
IIROC Trading Halt - ACR.UN
TORONTO, May 4, 2018 /CNW/ - The following issues have been halted by IIROC:
Apr 19, 2018 12:50 pm ET
Agellan Commercial Real Estate Investment Trust Announces Updated Timing of Its First Quarter Conference Call
Agellan Commercial Real Estate Investment Trust (“Agellan” or the “REIT”) (TSX: ACR.UN) announced today that Agellan will hold a conference call to discuss its financial performance for the three-month period ended March 31, 2018 on Wednesday, May 9, 2018 at 2:00 p.m. (Toronto time), as opposed to the previously announced date of Tuesday, May 8, 2018. The financial results will be released prior to the call.
Apr 18, 2018 02:55 pm ET
Agellan Commercial Real Estate Investment Trust Announces April 2018 Monthly Distribution and Details of its First Quarter Conference Call
Agellan Commercial Real Estate Investment Trust (“Agellan” or the “REIT”) (TSX: ACR.UN):
Mar 20, 2018 07:30 am ET
Agellan Commercial Real Estate Investment Trust Announces March 2018 Monthly Distribution
Agellan Commercial Real Estate Investment Trust (TSX: ACR.UN):
Mar 05, 2018 10:30 pm ET
Agellan Commercial Real Estate Investment Trust Releases Fourth Quarter 2017 Results
Agellan Commercial Real Estate Investment Trust (“Agellan” or the “REIT”) (TSX: ACR.UN):
Feb 20, 2018 07:00 am ET
Agellan Commercial Real Estate Investment Trust Announces February 2018 Monthly Distribution and Fourth Quarter Conference Call
Agellan Commercial Real Estate Investment Trust (“Agellan” or the “REIT”) (TSX: ACR.UN) announced today that the Trustees of Agellan have declared a distribution of $0.0675 per unit for the month of February 2018, representing $0.810 per unit on an annualized basis. The distribution will be payable on March 15, 2018 to unitholders of record as at February 28, 2018.
Jan 22, 2018 03:24 pm ET
Agellan Commercial Real Estate Investment Trust Announces January 2018 Monthly Distribution
Agellan Commercial Real Estate Investment Trust (“Agellan” or the “REIT”) (TSX: ACR.UN):
Dec 19, 2017 03:15 pm ET
Agellan Commercial Real Estate Investment Trust Announces December 2017 Monthly Distribution
Agellan Commercial Real Estate Investment Trust (“Agellan” or the “REIT”) (TSX: ACR.UN):
Nov 28, 2017 07:45 am ET
Agellan Commercial Real Estate Investment Trust Announces Increase to Annual Distribution
Agellan Commercial Real Estate Investment Trust (the “REIT”) (TSX: ACR.UN):
Nov 21, 2017 03:35 pm ET
Agellan Commercial Real Estate Investment Trust Announces November 2017 Monthly Distribution
Agellan Commercial Real Estate Investment Trust (“Agellan” or the “REIT”) (TSX: ACR.UN) announced today that the Trustees of Agellan have declared a distribution of $0.06458 per unit for the month of November 2017, representing $0.775 per unit on an annualized basis. The distribution will be payable on December 15, 2017 to unitholders of record as at November 30, 2017.
Nov 14, 2017 07:47 am ET
Agellan Commercial Real Estate Investment Trust Releases Third Quarter 2017 Results
AGELLAN COMMERCIAL REAL ESTATE INVESTMENT TRUST (the “REIT”) (TSX:ACR.UN) is pleased to report its financial results for the three and nine month periods ended September 30, 2017. All dollar amounts (except per Unit amounts) are in thousands of Canadian dollars (“CAD”), unless otherwise stated.
Nov 14, 2017 12:53 am ET
Agellan Commercial Real Estate Investment Trust Announces Agreement with ELAD Canada and Sandpiper Group
Agellan Commercial Real Estate Investment Trust (the "REIT" or "Agellan") (TSX: ACR.UN) announced today that it has entered into a strategic settlement agreement (the “Agreement”) with ELAD Canada Inc. ("ELAD") and Sandpiper Group (“Sandpiper”).
Oct 31, 2017 04:15 pm ET
Agellan Commercial Real Estate Investment Trust Provides Details of its Third Quarter Conference Call
Agellan Commercial Real Estate Investment Trust (“Agellan”) (TSX: ACR.UN):
Oct 24, 2017 06:49 pm ET
Agellan Commercial Real Estate Investment Trust Announces Updated Unitholder Meeting Date
Agellan Commercial Real Estate Investment Trust (the “REIT”) (TSX: ACR.UN) announced today that in response to the unitholder requisition made by Sandpiper Real Estate Fund Limited Partnership (the “Dissident”), the Board of Trustees of the REIT and the Dissident have agreed to reschedule the previously announced annual and special meeting date, and the REIT will now hold a special meeting of unitholders on Thursday, February 8, 2018.
Oct 19, 2017 10:31 am ET
Agellan Commercial Real Estate Investment Trust Announces October 2017 Monthly Distribution
Agellan Commercial Real Estate Investment Trust (“Agellan” or the “REIT”) (TSX: ACR.UN):
Oct 17, 2017 08:57 am ET
IIROC Trade Resumption - ACR.UN
TORONTO, Oct. 17, 2017 /CNW/ - Trading resumes in:
Oct 17, 2017 08:02 am ET
IIROC Trade Resumption - Agellan Commercial Real Estate Investment Trust
Toronto, Ontario--(Newsfile Corp. - October 17, 2017) - Trading resumes in:
Oct 16, 2017 05:43 pm ET
IIROC Trading Halt - ACR.UN
TORONTO, Oct. 16, 2017 /CNW/ - The following issues have been halted by IIROC:
Oct 16, 2017 04:40 pm ET
Agellan Commercial Real Estate Investment Trust Announces Receipt of TSX Conditional Approval
Agellan Commercial Real Estate Investment Trust (the "REIT" or "Agellan") (TSX: ACR.UN) announced today further progress on the REIT’s recent announcement regarding the internalization of asset management through the purchase of certain assets of the REIT’s external manager, Agellan Capital Partners Inc. (the “Internalization” or the “Transaction”).
Oct 16, 2017 04:38 pm ET
IIROC Trade Halt - Agellan Commercial Real Estate Investment Trust
Toronto, Ontario--(Newsfile Corp. - October 16, 2017) - The following issues have been halted by IIROC:
Oct 11, 2017 08:58 am ET
IIROC Trade Resumption - ACR.UN
TORONTO, Oct. 11, 2017 /CNW/ - Trading resumes in:
Oct 11, 2017 08:01 am ET
IIROC Trade Resumption - Agellan Commercial Real Estate Investment Trust
Toronto, Ontario--(Newsfile Corp. - October 11, 2017) - Trading resumes in:
Oct 10, 2017 06:15 pm ET
IIROC Trading Halt - ACR.UN
TORONTO, Oct. 10, 2017 /CNW/ - The following issues have been halted by IIROC:
Oct 10, 2017 04:51 pm ET
Agellan Commercial Real Estate Investment Trust Responds to Dissident Requisition and Sets Meeting Date
Agellan Commercial Real Estate Investment Trust (the "REIT" or "Agellan") (TSX: ACR.UN) announced today that its board of trustees (the "Board"), in response to a unitholder requisition made by Sandpiper Real Estate Fund Limited Partnership (“Sandpiper” or the “Dissident”), has called an annual and special meeting of unitholders (the “Meeting”) to be held on April 17, 2018 (the “Meeting Date”).
Oct 10, 2017 04:46 pm ET
IIROC Trade Halt - Agellan Commercial Real Estate Investment Trust
Toronto, Ontario--(Newsfile Corp. - October 10, 2017) - The following issues have been halted by IIROC:
Sep 20, 2017 08:30 am ET
Agellan Commercial Real Estate Investment Trust Receives Unitholder Meeting Requisition
TORONTO, Sept. 20, 2017 /CNW/ - Agellan Commercial Real Estate Investment Trust (the "REIT" or "Agellan") (TSX: ACR.UN) announced today that its board of trustees (the "Board") received a unitholder requisition on September 19, 2017 requesting that the REIT call a special meeting of the REIT's unitholders for the purpose of reconstituting the Board with five new trustees and seeking an advisory vote of unitholders in respect of the REIT's previously announced agreement to internalize management.
Sep 18, 2017 08:30 am ET
Sep 08, 2017 06:15 pm ET
S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian Indices
The Annual Review of the S&P/TSX SmallCap Index
Feb 27, 2017 08:57 am ET
Agellan Commercial Real Estate Investment Trust Completes $55 Million Bought Deal Financing
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. Agellan Commercial Real Estate Investment Trust (TSX:ACR.UN) (the "REIT") announced today that it has closed its previously announced bought deal public...
Feb 16, 2017 07:56 am ET
IIROC Trade Resumption - FTN; TAO; ACR.UN
TORONTO, Feb. 16, 2017 /CNW/ - Trading resumes in:
Feb 15, 2017 05:03 pm ET
IIROC Trading Halt - ACR.UN
TORONTO, Feb. 15, 2017 /CNW/ - The following issues have been halted by IIROC:
Feb 15, 2017 04:26 pm ET
Agellan Commercial Real Estate Investment Trust Announces $50 Million Bought Deal Financing
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Agellan Commercial Real Estate Investment Trust (TSX:ACR.UN) (the "REIT") announced today that is has entered into an agreement to sell to a syndicate of...
Aug 04, 2016 08:24 am ET
Agellan Commercial Real Estate Investment Trust Completes $46 Million Bought Deal Financing
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. Agellan Commercial Real Estate Investment Trust (TSX:ACR.UN) (the "REIT") announced today that is has closed its previously announced bought deal public...
Jul 27, 2016 09:02 pm ET
Agellan Commercial Real Estate Investment Trust Announces Agreements to Sell a Portion of Parkway Place
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES Agellan Commercial Real Estate Investment Trust (the "REIT") (TSX:ACR.UN) announced today that it has entered into agreements with certain...
Jul 26, 2016 09:01 am ET
IIROC Trade Resumption - KDX; ACR.UN; IAC.A
TORONTO, July 26, 2016 /CNW/ - Trading resumes in:
Jul 25, 2016 06:08 pm ET
IIROC Trading Halt - ACR.UN
TORONTO, July 25, 2016 /CNW/ - The following issues have been halted by IIROC:
Jul 25, 2016 04:49 pm ET
Agellan Commercial Real Estate Investment Trust Announces $40 Million Bought Deal Financing
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. Agellan Commercial Real Estate Investment Trust (TSX:ACR.UN) (the "REIT") announced today that is has entered into an agreement to sell to a syndicate of...
Mar 21, 2016 05:09 pm ET
Agellan Commercial Real Estate Investment Trust Announces March 2016 Monthly Distribution
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES/
Mar 07, 2016 07:56 pm ET
Agellan Commercial Real Estate Investment Trust Releases Fourth Quarter 2015 Results
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/