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Thursday s analyst upgrades and downgrades - The Globe and Mail

Thursday s analyst upgrades and downgrades - The Globe and Mail
theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.

Condo developer to take over Le Sélect Bistro

NOW Magazine Condo developer to take over Le Sélect Bistro The long-running French bistro has sold the property and business to Allied Properties, which is looking for a new operator By Kevin Ritchie Long-running French bistro Le Sélect is in “new hands” – those of a real estate developer. The restaurant’s owners announced on Instagram on February 17 that Allied Properties has taken over the reins of the upscale restaurant, which closed at the onset of the COVID-19 pandemic last year. “As the bills piled up and the centimes started to run short, we asked ourselves: are we ready to enlist for another fight from the trenches?” they wrote.

Allied Announces Green Financing Framework

Allied Announces Green Financing Framework TORONTO, Feb. 03, 2021 Allied Properties Real Estate Investment Trust (TSX:AP.UN)(“ Allied”) today announced its Green Financing Framework (the “ Framework”) in support of its commitment to environmental, social and governance (“ ESG”) and sustainability. Under the Framework, Allied, or any of its subsidiaries may issue green bonds, green loans or other financial instruments to finance or re-finance eligible green projects, as defined in the Framework. Allied’s Framework has been reviewed by Sustainalytics, a global leader in providing ESG research and analysis. Sustainalytics issued a second party opinion confirming that the Framework aligns with the International Capital Markets Association Green Bond Principles 2018 and the Loan Market Association Green Loan Principles 2020. Scotiabank acted as Green Structuring Advisor for the Framework.

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