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AIP Realty Trust Announces Revocation of Cease Trade Order

AIP Realty Trust Announces Revocation of Cease Trade Order

AIP Real Estate TrustAIP Real Estate Trust

AIP Real Estate Trust

VANCOUVER, British Columbia, May 9, 2024 (GLOBE NEWSWIRE) — AIP Realty Trust (the “Trust” Or “AIP“) (TSXV: AIP.U) announces today that the failure to file a cease trade order (the “FFCTO) issued by the British Columbia Securities Commission on May 6, 2024 has been revoked effective today and trading in Canada of the Class A trust units of the Trust will resume. The FFCTO was issued following the Trust’s delay in filing its audited consolidated annual financial statements, MD&A and related certifications of the CEO and CFO for the year ended December 31, 2023 and the accompanying management report before the applicable deadline.

About AIP Real Estate Trust
AIP Realty Trust is a real estate investment trust with a growing portfolio of industrial suites serviced by the AllTrades brand (“SIBS” ) flexible light industrial facilities focused on the small business and trade and service sectors in the United States. These properties attract a wide range of small space users, such as contractors, skilled trades, suppliers, repair services, last-mile suppliers, small businesses, and assembly and distribution companies. They generally offer attractive fundamentals, including low tenant turnover, stable cash flow, and low asset intensity. investment, as well as significant growth opportunities. Initially focusing on the Dallas-Fort Worth market, AIP plans to roll out this innovative real estate offering nationally. AIP has exclusive rights to finance the development. and the purchase of all completed and leased properties constructed across North America by its property development and management partner, AllTrades Industrial Properties, Inc. For more information, please visit www.aiprealtytrust.com.

For more information about the Trust, contact:
Leslie Wulf
Executive Chairman
(214) 679-5263
[email protected]

Or

Greg Vorwaller
General manager
(778) 918-8262
[email protected]

Precautionary Statement Regarding Forward-Looking Information
This press release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding AIP Realty Trust’s plans, intentions, beliefs and current expectations regarding future business activities and operational performance. Forward-looking information is often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “believe”, ” estimate”, “expect” or similar expressions. When or if used in this press release, the words “anticipate”, “believe”, “estimate”, “expect”, “target”, “plan”, “forecast”, “may”, ” plan” and similar words or expressions. identify forward-looking statements or information. These forward-looking statements or information may relate to the proposed financing activity, the proposed acquisitions, regulatory or governmental requirements or approvals, the reliability of third party information and other factors or information. These statements represent the Trust’s current views regarding future events and are necessarily based on a number of assumptions and estimates which, although considered reasonable by the Trust, are inherently subject to significant business risks, economic, competitive, political and social, unforeseen events and risks. uncertainties. Many factors, known and unknown, could cause actual 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 undertakes no 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, except as the extent required by laws, rules and regulations.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release does not constitute an offer to sell any securities in the United States. The securities may not be offered or sold in the United States absent registration or an exemption from registration under the US Securities Act of 1933, as amended (the “US Securities Act”). The Trust has not and will not register the securities under the US Securities Act. The Trust does not intend to engage in a public offering of its securities in the United States.

Source: AIP Realty Trust