Allied Properties Real Estate Investment Trust has announced a concurrent private placement as part of its upsized marketed public offering. Under the private placement, Allied has entered into a subscription agreement with Alberta Investment Management Corporation (AIMCo), on behalf of its clients, for 16,000,000 units at a price of $10.00 per unit. The units offered through the private placement will be issued pursuant to applicable prospectus exemptions and will be subject to statutory resale restrictions. The private placement, together with the public offering, is expected to raise aggregate gross proceeds of approximately $560 million. The proceeds will be used primarily to repay amounts outstanding under Allied's operating line of credit, including repayment of its $600 million Series H senior unsecured debentures due February 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Allied Properties Real Estate Investment Trust published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9653408-en) on February 12, 2026, and is solely responsible for the information contained therein.