CORRECTION — AIP Realty Trust Announces First Quarter 2025
From GlobeNewswire: 2025-05-28 21:17:00
AIP Realty Trust announced its financial results for Q1 2025, showing a decrease in investment property revenue compared to the same period in 2024, due to a decline in parking revenue and increased operating expenses. The Trust completed a private placement and secured a credit facility and formed an off-balance sheet development JV. The Trust holds exclusive rights to purchase AllTrades’ completed facilities and is planning further development in Texas. The Board of Trustees is exploring a business plan with AllTrades and expects to close the transaction by Q3 2025. AIP Realty Trust focuses on SIBS light industrial flex facilities in the U.S. market.
Read more at GlobeNewswire: CORRECTION — AIP Realty Trust Announces First Quarter 2025