AIP Realty Trust Closes Second Tranche of Non-Brokered Offering of Preferred Units

VANCOUVER, British Columbia, Dec. 30, 2025 (GLOBE NEWSWIRE) -- AIP Realty Trust (the “Trust” or “AIP”) (TSXV: AIP.U) today announces that it has completed the second tranche of a non-brokered private placement (the “Financing”) and has issued 2,584,000 Preferred Units – Series B Convertible (each, a “Preferred Unit”), at a price of US$0.50 per Preferred Unit for aggregate gross proceeds of US$1,292,000. An aggregate of up to 14,000,000 Preferred Units may be issued under the Financing for aggregate gross proceeds of up to US$7,000,000. The first tranche of the Financing closed on October 29, 2025 with an aggregate of 7,260,000 Preferred Units being issued for aggregate gross proceeds of US$3,630,000, with a third tranche of the Financing to issue the balance of the Preferred Units expected to close in the coming weeks.