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     133  0 Kommentare AIP Realty Trust Announces Units for Debt Issuance - Seite 2

    There are currently 3,424,448 Units issued and outstanding, as well as 1,100,000 preferred units – series B convertible of the Trust (the “Preferred Units”), each convertible into one Unit. When the Units pursuant to the Unit Issuance are issued, assuming no further changes to the unit capital of the Trust, there will be 4,924,448 Units issued and outstanding and AID will own or control approximately 30.46% of the outstanding Units, on an undiluted basis (or approximately 24.90% of the outstanding Units assuming the conversion of the Preferred Units). AID holds no other securities in the Trust.

    About AIP Realty Trust

    AIP Realty Trust is a real estate investment trust with a growing portfolio of AllTrades branded Serviced Industrial Business Suites (“SIBS”) light industrial flex facilities focused on small businesses and the trades and services sectors in the U.S. These properties appeal to a diverse range of small space users, such as contractors, skilled trades, suppliers, repair services, last-mile providers, small businesses and assembly and distribution firms. They typically offer attractive fundamentals including low tenant turnover, stable cash flow and low capex intensity, as well as significant growth opportunities. With an initial focus on the Dallas-Fort Worth market, AIP plans to roll out this innovative property offering nationally. AIP holds the exclusive rights to finance the development of and to purchase all the completed and leased properties built across North America by its development and property management partner, AllTrades Industrial Properties, Inc. For more information, please visit www.aiprealtytrust.com.

    For further information from the Trust, contact:
    Leslie Wulf
    Executive Chairman
    214-679-5263
    les.wulf@aiprealtytrust.com

    Or

    Greg Vorwaller
    Chief Executive Officer
    778-918-8262
    Greg.vorwaller@aiprealtytrust.com

    Cautionary Statement on Forward-Looking Information

    This press release contains statements which constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of AIP Realty Trust with respect to future business activities and operating performance. Forward-looking information is often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” or similar expressions and includes information regarding, receipt of the TSXV approval in respect of the Unit Issuance, the ability to obtain regulatory and unitholder approvals and other factors. When or if used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to proposed financing activity, proposed acquisitions, regulatory or government requirements or approvals, the reliability of third-party information and other factors or information. Such statements represent the Trust’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Trust, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward- looking statements. The Trust does not intend, and do not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules and regulations.

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    AIP Realty Trust Announces Units for Debt Issuance - Seite 2 VANCOUVER, British Columbia, April 23, 2024 (GLOBE NEWSWIRE) - AIP Realty Trust (the “Trust” or “AIP”) (TSXV: AIP.U) today announces, as part of its preparation to execute its forward plan, has agreed to issue 1,500,000 Class A Trust Units (each, …