Peter Street

IBI Announces Acquisition of Strategic Property Investment in Europe

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星期五, 五月 27, 2022

HONG KONG, May 27, 2022 - (ACN Newswire) - IBI Group Holdings Limited ("IBI" or the "Group"; Stock Code: 1547), an investment holding company which specialises in the built environment including subsidiaries providing contracting services, distribution of high-tech and innovative building products including energy efficient lighting and air quality monitoring devices, has concluded the acquisition of a strategic property investment in Dublin, Ireland ("Acquisition"), through its indirect subsidiary, IBI International Investment Holdings Limited ("IBI International Investment" or the "Company") at the consideration of approximately HK$113 million.

Key Points: 
  • HONG KONG, May 27, 2022 - (ACN Newswire) - IBI Group Holdings Limited ("IBI" or the "Group"; Stock Code: 1547), an investment holding company which specialises in the built environment including subsidiaries providing contracting services, distribution of high-tech and innovative building products including energy efficient lighting and air quality monitoring devices, has concluded the acquisition of a strategic property investment in Dublin, Ireland ("Acquisition"), through its indirect subsidiary, IBI International Investment Holdings Limited ("IBI International Investment" or the "Company") at the consideration of approximately HK$113 million.
  • The Group has been looking in detail at a wide range of investment opportunities to generate stable cash flow and income.
  • With a 4-storey over basement and modern 4-storey extension to its eastern side, the Property provides over 19,600 sq.
  • Leveraging our strong financial position, we believe the Acquisition is an excellent opportunity for IBI to enter the property investment sector in Ireland, one of Europe's major commercial and tourist centres.

Allied Provides Office Leasing Update for Toronto Development Properties

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星期二, 十月 12, 2021

TORONTO, Oct. 12, 2021 (GLOBE NEWSWIRE) -- Allied Properties REIT (Allied)(TSX:AP.UN) today provided a leasing update for two of its Toronto development properties, QRC West, Phase II, and The Well.

Key Points: 
  • TORONTO, Oct. 12, 2021 (GLOBE NEWSWIRE) -- Allied Properties REIT (Allied)(TSX:AP.UN) today provided a leasing update for two of its Toronto development properties, QRC West, Phase II, and The Well.
  • This development property effectively expands QRC West to the southwest corner of Queen Street West and Peter Street.
  • This mixed-use development property is a 50/50 joint venture between Allied and RioCan REIT (RioCan) that includes 1,172,001 of office GLA.
  • Allied and RioCan are now finalizing lease transactions for an additional 122,809 square feet of office GLA with four new users.