Announcement • 6h
Allied Properties REIT Declares Distribution for the Month of March 2026, Payable on June 15, 2026 Allied Properties REIT announced that the Trustees of Allied have declared a distribution of CAD 0.06 per unit for the month of May 2026, representing CAD 0.72 per unit on an annualized basis. The distribution will be payable on June 15, 2026, to unitholders of record as at May 29, 2026. Reported Earnings • May 01
First quarter 2026 earnings released First quarter 2026 results: Revenue: CA$143.9m (down 4.5% from 1Q 2025). Net loss: CA$146.7m (loss widened 36% from 1Q 2025). Revenue is forecast to grow 4.2% p.a. on average during the next 2 years, compared to a 2.5% growth forecast for the Office REITs industry in North America. New Risk • Apr 30
New major risk - Revenue and earnings growth Earnings have declined by 73% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Earnings have declined by 73% per year over the past 5 years. Shareholders have been substantially diluted in the past year (40% increase in shares outstanding). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Declared Dividend • Apr 19
Dividend of CA$0.06 announced Shareholders will receive a dividend of CA$0.06. Ex-date: 30th April 2026 Payment date: 15th May 2026 Dividend yield will be 12%, which is higher than the industry average of 5.8%. Announcement • Apr 17
Allied Properties Real Estate Investment Trust announces Monthly dividend, payable on May 15, 2026 Allied Properties Real Estate Investment Trust announced Monthly dividend of CAD 0.0600 per share payable on May 15, 2026, ex-date on April 30, 2026 and record date on April 30, 2026. Announcement • Apr 10
Allied Properties Real Estate Investment Trust Announces Nanthini Mahalingam Departs as Chief Financial Officer, Effective October 30, 2026 Onwards Allied Properties Real Estate Investment Trust announced that Chief Financial Officer, Nanthini Mahalingam will be departing Allied. She will remain in her role until October 30, 2026, to facilitate a transition to a new CFO. Allied has retained Egon Zehnder in connection with the CFO search. Announcement • Apr 02
Allied Properties Real Estate Investment Trust to Report Q1, 2026 Results on Apr 29, 2026 Allied Properties Real Estate Investment Trust announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on Apr 29, 2026 Declared Dividend • Mar 19
Dividend of CA$0.06 announced Shareholders will receive a dividend of CA$0.06. Ex-date: 31st March 2026 Payment date: 15th April 2026 Dividend yield will be 15%, which is higher than the industry average of 5.8%. Announcement • Mar 17
Allied Properties REIT Declares Distribution for the Month of March 2026, Payable on April 15, 2026 Allied Properties REIT announced that the Trustees of Allied have declared a distribution of $0.06 per unit for the month of March 2026, representing $0.72 per unit on an annualized basis. The distribution will be payable on April 15, 2026, to unitholders of record as at March 31, 2026. Announcement • Feb 27
Allied Properties Real Estate Investment Trust, Annual General Meeting, May 12, 2026 Allied Properties Real Estate Investment Trust, Annual General Meeting, May 12, 2026. Declared Dividend • Feb 19
Dividend of CA$0.06 announced Shareholders will receive a dividend of CA$0.06. Ex-date: 27th February 2026 Payment date: 16th March 2026 Dividend yield will be 16%, which is higher than the industry average of 5.8%. Announcement • Feb 19
Allied Properties Real Estate Investment Trust announced that it has received CAD 160 million in funding from Alberta Investment Management Corporation On February 18, 2026. Allied Properties Real Estate Investment Trust announces that it has closed the transaction. Announcement • Feb 18
Allied Properties Real Estate Investment Trust has completed a Composite Units Offering in the amount of CAD 400 million. Allied Properties Real Estate Investment Trust has completed a Composite Units Offering in the amount of CAD 400 million.
Security Name: Units
Security Type: Equity/Derivative Unit
Securities Offered: 40,000,000
Price\Range: CAD 10 Announcement • Feb 17
Allied Properties Real Estate Investment Trust Announces February 2026 Distribution, Payable on March 16, 2026 Allied Properties REIT announced that the Trustees of Allied have declared a distribution of $0.06 per unit for the month of February 2026, representing $0.72 per unit on an annualized basis. The distribution will be payable on March 16, 2026, to unitholders of record as at February 27, 2026. Price Target Changed • Feb 13
Price target decreased by 9.5% to CA$12.97 Down from CA$14.33, the current price target is an average from 8 analysts. New target price is 37% above last closing price of CA$9.49. Stock is down 44% over the past year. The company is forecast to post earnings per share of CA$1.54 next year compared to a net loss per share of CA$9.50 last year. New Risk • Feb 12
New major risk - Revenue and earnings growth Earnings have declined by 72% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.8x net interest cover). Earnings have declined by 72% per year over the past 5 years. Shareholders have been substantially diluted in the past year (40% increase in shares outstanding). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • Feb 11
Full year 2025 earnings: Revenues in line with analyst expectations Full year 2025 results: Revenue: CA$592.4m (flat on FY 2024). Net loss: CA$1.33b (loss widened 288% from FY 2024). Revenue was in line with analyst estimates. Revenue is forecast to grow 5.9% p.a. on average during the next 2 years, compared to a 2.1% growth forecast for the Office REITs industry in North America. Declared Dividend • Jan 19
Dividend of CA$0.06 announced Shareholders will receive a dividend of CA$0.06. Ex-date: 30th January 2026 Payment date: 17th February 2026 Dividend yield will be 11%, which is higher than the industry average of 5.8%. Announcement • Jan 16
Allied Properties Real Estate Investment Trust to Report Q4, 2025 Results on Feb 10, 2026 Allied Properties Real Estate Investment Trust announced that they will report Q4, 2025 results After-Market on Feb 10, 2026 Announcement • Jan 15
Allied Properties REIT Declares Distribution for the Month of January 2026, Payable on February 17, 2026 Allied Properties REIT announced that the Trustees of Allied have declared a distribution of $0.06 per unit for the month of January 2026, representing $0.72 per unit on an annualized basis. The distribution will be payable on February 17, 2026, to unitholders of record as at January 30, 2026. Declared Dividend • Dec 16
Dividend of CA$0.06 announced Shareholders will receive a dividend of CA$0.06. Ex-date: 31st December 2025 Payment date: 15th January 2026 Dividend yield will be 13%, which is higher than the industry average of 5.8%. Announcement • Dec 02
Allied Properties Real Estate Investment Trust Announces December 2025 Distribution, Payable on January 15, 2026 Allied Properties Real Estate Investment Trust declared a distribution of $0.06 per unit for the month of December 2025, which will be payable on January 15, 2026, to unitholders of record as at December 31, 2025. Declared Dividend • Nov 20
Dividend of CA$0.15 announced Shareholders will receive a dividend of CA$0.15. Ex-date: 28th November 2025 Payment date: 15th December 2025 Dividend yield will be 14%, which is higher than the industry average of 5.8%. Announcement • Nov 18
Allied Properties REIT Announces November 2025 Distribution, Payable on December 15, 2025 Allied Properties REIT announced that the Trustees of Allied have declared a distribution of $0.15 per unit for the month of November 2025, representing $1.80 per unit on an annualized basis. The distribution will be payable on December 15, 2025, to unitholders of record as at November 28, 2025. Price Target Changed • Oct 31
Price target decreased by 10% to CA$17.03 Down from CA$19.00, the current price target is an average from 9 analysts. New target price is 15% above last closing price of CA$14.78. Stock is down 18% over the past year. The company posted a net loss per share of CA$2.45 last year. Reported Earnings • Oct 31
Third quarter 2025 earnings released Third quarter 2025 results: Revenue: CA$147.9m (flat on 3Q 2024). Net loss: CA$113.4m (loss widened 20% from 3Q 2024). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Office REITs industry in North America. Announcement • Oct 16
Allied Properties REIT Announces October 2025 Distribution, Payable on November 17, 2025 Allied Properties REIT announced that the Trustees of Allied have declared a distribution of $0.15 per unit for the month of October 2025, representing $1.80 per unit on an annualized basis. The distribution will be payable on November 17, 2025, to unitholders of record as at October 31, 2025. Announcement • Sep 30
Allied Properties Real Estate Investment Trust to Report Q3, 2025 Results on Oct 29, 2025 Allied Properties Real Estate Investment Trust announced that they will report Q3, 2025 results After-Market on Oct 29, 2025 Announcement • Sep 25
Allied Properties Real Estate Investment Trust announced that it has received CAD 450 million in funding On September 25, 2025, Allied Properties Real Estate Investment Trust closed the transaction. Announcement • Sep 19
Allied Properties Real Estate Investment Trust announced that it expects to receive CAD 450 million in funding Allied Properties Real Estate Investment Trust announced a private placement that it will issue Series N senior unsecured debentures that will bear interest at 4.667% per annum and will mature on September 25, 2031 for CAD 450,000,000 on September 18, 2025. The transaction is Subject to customary closing conditions, the Offering is expected to close on September 25, 2025. The Debentures will rank equally with all other unsecured indebtedness of Allied that has not been subordinated. Declared Dividend • Sep 18
Dividend of CA$0.15 announced Shareholders will receive a dividend of CA$0.15. Ex-date: 29th September 2025 Payment date: 15th October 2025 Dividend yield will be 8.8%, which is higher than the industry average of 5.8%. Announcement • Sep 15
Allied Properties Real Estate Investment Trust Announces September 2025 Distribution, Payable on October 15, 2025 Allied Properties Real Estate Investment Trust announced that the Trustees of Allied have declared a distribution of $0.15 per unit for the month of September 2025, representing $1.80 per unit on an annualized basis. The distribution will be payable on October 15, 2025, to unitholders of record as at September 30, 2025. Declared Dividend • Aug 20
Dividend of CA$0.15 announced Shareholders will receive a dividend of CA$0.15. Ex-date: 29th August 2025 Payment date: 15th September 2025 Dividend yield will be 9.9%, which is higher than the industry average of 5.8%. Announcement • Aug 19
Allied Properties Real Estate Investment Trust Provides Development Update Allied Properties Real Estate Investment Trust provided an update with respect to pending completion of the final two ground-up developments in its development pipeline: M4 of Main Alley Campus, 108 East Fifth Avenue in Vancouver; and KING Toronto, 489-539 King Street West in Toronto. M4 of Main Alley Campus in the heart of Mount Pleasant was conceived and developed by Westbank and will consist of five buildings. M1 is a two-storey office building owned by Westbank and a partner and located at 2015 Main Street. M2 is an eight-storey office building now owned by San Francisco-based Spear Street and located at 114 East 4th Avenue. M3 is a three-storey office building with data-centre potential owned by Westbank and a partners and located at 111 East 5th Avenue. M4 is a nine-storey office building with 204,000 square feet of GLA to be fully owned by Allied by the end of the third quarter. M5 is a planned 25-storey mass timber rental tower on what is currently the surface parking lot of M1. Netflix is the principal tenant of M4 with 110,600 square feet of workspace currently being built-out for active occupancy. M4 is now 77% leased. Allied expects to finalize a lease-expansion agreement before closing that will bring M4 to 90% leased, consistent with its overall outlook for leased area at the end of 2025. Rent from M4 is scheduled to commence in early 2026. King West Village is a mixed-use, amenity-rich, urban neighbourhood in Toronto. It has been a premiere and growing office node for knowledge-based organizations in downtown Toronto for the last two decades. King Toronto was conceived and developed by Allied and Westbank and will consist of 440 residential condominium units over 16 storeys, 80,000 square feet of office space on the second and third storeys and 120,000 square feet of retail space at and below grade. Allied and Westbank expect to complete the development by the end of 2026. Allied and Westbank have recently finalized a 20-year lease with Whole Foods Market for 28,291 square feet of retail space below grade and 4,587 square feet at grade. Whole Foods Market will enrich user experience at King Toronto and across King West Village as a whole. With a compelling anchor in place, Allied and Westbank are now implementing a comprehensive and neighbourhood-specific leasing plan for the commercial component of King Toronto. The extensive loading, short-term storage and waste-management facilities at King Toronto will be important to residential, office and retail users. Given the capacity, Allied and Westbank intend to make these facilities available to other retail users of Allied properties along King West. Allied also intends to make its extensive neighbourhood office amenities available to office users at King Toronto. Allied expects King Toronto to become a focal-point of King West Village along with (i) The Well to the southeast, the commercial component of which is owned and operated by Allied and RioCan, (ii) the property on the northwest corner of King and Spadina to be developed by Allied at a future date yet to be determined (also currently operating as Allied Flex). In many important respect, KING Toronto will complete the current evolution of the neighbourhood that began in 1996. Announcement • Aug 15
Allied Properties REIT Announces August 2025 Distribution, Payable on September 15, 2025 Allied Properties REIT announced that the Trustees of Allied have declared a distribution of $0.15 per unit for the month of August 2025, representing $1.80 per unit on an annualized basis. The distribution will be payable on September 15, 2025, to unitholders of record as at August 29, 2025. Reported Earnings • Jul 30
Second quarter 2025 earnings released: CA$0.68 loss per share (vs CA$0.20 profit in 2Q 2024) Second quarter 2025 results: CA$0.68 loss per share (down from CA$0.20 profit in 2Q 2024). Revenue: CA$145.0m (down 1.5% from 2Q 2024). Net loss: CA$94.7m (down 438% from profit in 2Q 2024). Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Office REITs industry in North America. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance. Declared Dividend • Jul 17
Dividend of CA$0.15 announced Shareholders will receive a dividend of CA$0.15. Ex-date: 31st July 2025 Payment date: 15th August 2025 Dividend yield will be 10%, which is higher than the industry average of 5.8%. Announcement • Jul 15
Allied Properties REIT Declares Distribution for the Month of July 2025, Payable on August 15, 2025 Allied Properties REIT announced that the Trustees of Allied have declared a distribution of $0.15 per unit for the month of July 2025, representing $1.80 per unit on an annualized basis. The distribution will be payable on August 15, 2025, to unitholders of record as at July 31, 2025. Announcement • Jun 28
Allied Properties Real Estate Investment Trust to Report Q2, 2025 Results on Jul 29, 2025 Allied Properties Real Estate Investment Trust announced that they will report Q2, 2025 results at 4:00 PM, US Eastern Standard Time on Jul 29, 2025 Declared Dividend • Jun 19
Dividend of CA$0.15 announced Shareholders will receive a dividend of CA$0.15. Ex-date: 30th June 2025 Payment date: 15th July 2025 Dividend yield will be 11%, which is higher than the industry average of 5.8%. Announcement • Jun 18
Allied Properties REIT Announces June 2025 Distribution, Payable on July 15, 2025 Allied Properties REIT announced that the Trustees of Allied have declared a distribution of $0.15 per unit for the month of June 2025, representing $1.80 per unit on an annualized basis. The distribution will be payable on July 15, 2025, to unitholders of record as at June 30, 2025. Board Change • Jun 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. 1 highly experienced director. President, CEO & Trustee Cecilia Williams was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • May 19
Dividend of CA$0.15 announced Shareholders will receive a dividend of CA$0.15. Ex-date: 30th May 2025 Payment date: 16th June 2025 Dividend yield will be 12%, which is higher than the industry average of 5.8%. Announcement • May 15
Allied Properties REIT Declares Distribution for the Month of May 2025, Payable on June 16, 2025 Allied Properties REIT announced that the Trustees of Allied have declared a distribution of $0.15 per unit for the month of May 2025, representing $1.80 per unit on an annualized basis. The distribution will be payable on June 16, 2025, to unitholders of record as at May 30, 2025. Reported Earnings • May 02
First quarter 2025 earnings released: FFO per share: CA$0.5 (vs CA$0.58 in 1Q 2024) First quarter 2025 results: FFO per share: CA$0.5 (down from CA$0.58 in 1Q 2024). Revenue: CA$150.6m (up 4.5% from 1Q 2024). Funds from operations (FFO): CA$71.5m (down 12% from 1Q 2024). FFO margin: 48% (down from 56% in 1Q 2024). Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 2.9% growth forecast for the Office REITs industry in North America. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Declared Dividend • Apr 17
Dividend of CA$0.15 announced Shareholders will receive a dividend of CA$0.15. Ex-date: 30th April 2025 Payment date: 15th May 2025 Dividend yield will be 12%, which is higher than the industry average of 5.8%. Announcement • Apr 15
Allied Properties Real Estate Investment Trust Declares Distribution for the Month of April 2025, Payable on May 15, 2025 Allied Properties REIT announced that the Trustees of Allied have declared a distribution of $0.15 per unit for the month of April 2025, representing $1.80 per unit on an annualized basis. The distribution will be payable on May 15, 2025, to unitholders of record as at April 30, 2025. Announcement • Apr 08
Allied Properties Real Estate Investment Trust announced that it has received CAD 400 million in funding On April 7, 2025, Allied Properties Real Estate Investment Trust closed the transaction. The company has received aggregate gross proceeds of up to CAD 400,000,000 in the transaction. The Debentures are rated “BBB” with a Negative trend by Morningstar DBRS. Announcement • Apr 03
Allied Properties Real Estate Investment Trust to Report Q1, 2025 Results on Apr 30, 2025 Allied Properties Real Estate Investment Trust announced that they will report Q1, 2025 results After-Market on Apr 30, 2025 Announcement • Mar 27
Allied Properties Real Estate Investment Trust announced that it expects to receive CAD 400 million in funding Allied Properties Real Estate Investment Trust announced a private placement that it will issue senior unsecured debentures in two series for the aggregate gross proceeds of up to CAD 400,000,000 on March 26, 2025. The offering includes Series L senior unsecured debentures that will bear interest at Daily Compounded CORRA plus 1.80% per annum, payable quarterly in arrears, and will mature on April 7, 2027 for the gross proceeds of up to CAD 150,000,000 and series M senior unsecured debentures that will bear interest at a rate of 4.312% per annum, mature on April 7, 2027 and be sold at par for the gross proceeds of up to CAD 250,000,000. Subject to customary closing conditions, the Offering is expected to close on April 7, 2025. The Debentures will rank equally with all other unsecured indebtedness of Allied that has not been subordinated Declared Dividend • Mar 20
Dividend of CA$0.15 announced Shareholders will receive a dividend of CA$0.15. Ex-date: 31st March 2025 Payment date: 15th April 2025 Dividend yield will be 11%, which is higher than the industry average of 5.8%. Announcement • Mar 18
Allied Properties REIT Declares Distribution for the Month of March 2025, Payable on April 15, 2025 Allied Properties REIT announced that the Trustees of Allied have declared a distribution of $0.15 per unit for the month of March 2025, representing $1.80 per unit on an annualized basis. The distribution will be payable on April 15, 2025, to unitholders of record as at March 31, 2025. Announcement • Feb 25
Allied Properties Real Estate Investment Trust announced that it has received CAD 450 million in funding On February 24, 2025, Allied Properties Real Estate Investment Trust closed the transaction. Announcement • Feb 21
Allied Properties Real Estate Investment Trust, Annual General Meeting, May 06, 2025 Allied Properties Real Estate Investment Trust, Annual General Meeting, May 06, 2025. Declared Dividend • Feb 20
Dividend of CA$0.15 announced Shareholders will receive a dividend of CA$0.15. Ex-date: 28th February 2025 Payment date: 17th March 2025 Dividend yield will be 11%, which is higher than the industry average of 5.8%. Announcement • Feb 18
Allied Properties REIT Declares Distribution for the Month of February 2025, Payable on March 17, 2025 Allied Properties REIT announced that the Trustees of Allied have declared a distribution of $0.15 per unit for the month of February 2025, representing $1.80 per unit on an annualized basis. The distribution will be payable on March 17, 2025, to unitholders of record as at February 28, 2025. Recent Insider Transactions • Feb 11
Founder & Executive Chair recently bought CA$535k worth of stock On the 7th of February, Michael Emory bought around 31k shares on-market at roughly CA$17.11 per share. This transaction amounted to 2.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Michael has been a buyer over the last 12 months, purchasing a net total of CA$641k worth in shares. Declared Dividend • Jan 17
Dividend of CA$0.15 announced Shareholders will receive a dividend of CA$0.15. Ex-date: 31st January 2025 Payment date: 18th February 2025 Dividend yield will be 11%, which is higher than the industry average of 5.8%. Announcement • Jan 16
Allied Properties REIT Declares January 2025 Distribution Payable on February 18, 2025 Allied Properties REIT announced that the Trustees of Allied have declared a distribution of $0.15 per unit for the month of January 2025, representing $1.80 per unit on an annualized basis. The distribution will be payable on February 18, 2025, to unitholders of record as at January 31, 2025. Announcement • Jan 08
Allied Properties Real Estate Investment Trust to Report Q4, 2024 Results on Feb 04, 2025 Allied Properties Real Estate Investment Trust announced that they will report Q4, 2024 results After-Market on Feb 04, 2025 Declared Dividend • Dec 17
Dividend of CA$0.15 announced Shareholders will receive a dividend of CA$0.15. Ex-date: 31st December 2024 Payment date: 15th January 2025 Dividend yield will be 10%, which is higher than the industry average of 5.8%. Announcement • Dec 03
Allied Properties Real Estate Investment Trust Declares Distribution for the Month of December 2024, Payable on January 15, 2025 Allied Properties Real Estate Investment Trust announced that the Trustees of Allied have (i) declared a distribution of $0.15 per unit for the month of December 2024, payable on January 15, 2025, to unitholders of record as at December 31, 2024, and (ii) confirmed Allied’s 2025 distribution plan of $0.15 per unit per month ($1.80 per unit annualized). Allied also provided an update on non-core property sales in 2024. Announcement • Nov 16
Allied Properties Real Estate Investment Trust Declares Distribution for the Month of November 2024, Payable on December 16, 2024 Allied Properties REIT announced that the Trustees of Allied have declared a distribution of $0.15 per unit for the month of November 2024, representing $1.80 per unit on an annualized basis. The distribution will be payable on December 16, 2024, to unitholders of record as at November 29, 2024. Reported Earnings • Nov 01
Third quarter 2024 earnings released: FFO per share: CA$0.5 (vs CA$0.60 in 3Q 2023) Third quarter 2024 results: FFO per share: CA$0.5 (down from CA$0.60 in 3Q 2023). Revenue: CA$147.0m (up 5.4% from 3Q 2023). Funds from operations (FFO): CA$74.8m (down 11% from 3Q 2023). FFO margin: 51% (down from 60% in 3Q 2023). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 1.2% growth forecast for the Office REITs industry in North America. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance. Declared Dividend • Oct 18
Dividend of CA$0.15 announced Shareholders will receive a dividend of CA$0.15. Ex-date: 31st October 2024 Payment date: 15th November 2024 Dividend yield will be 11%, which is higher than the industry average of 5.8%. Announcement • Oct 15
Allied Properties Real Estate Investment Trust Declares Distribution for the Month of October 2024, Payable on November 15, 2024 Allied Properties REIT announced that the Trustees of Allied have declared a distribution of $0.15 per unit for the month of October 2024, representing $1.80 per unit on an annualized basis. The distribution will be payable on November 15, 2024, to unitholders of record as at October 31, 2024. Announcement • Sep 30
Allied Properties Real Estate Investment Trust to Report Q3, 2024 Results on Oct 30, 2024 Allied Properties Real Estate Investment Trust announced that they will report Q3, 2024 results After-Market on Oct 30, 2024 Announcement • Sep 27
Allied Properties Real Estate Investment Trust announced that it has received CAD 250 million in funding On September 26, 2024, Allied Properties Real Estate Investment Trust closed the transaction. Announcement • Sep 25
Allied Properties Real Estate Investment Trust announced that it expects to receive CAD 250 million in funding Allied Properties Real Estate Investment Trust announced a private placement with an aggregate principal amount of CAD 250 million on September 24, 2024. The company has issued series J senior unsubordinated unsecured debentures in the transaction. The debentures carries a 5.534% interest rate per annum. The debentures will mature on September 26, 2028. The transaction is expected to close on September 26, 2024. Declared Dividend • Sep 19
Dividend of CA$0.15 announced Shareholders will receive a dividend of CA$0.15. Ex-date: 27th September 2024 Payment date: 15th October 2024 Dividend yield will be 12%, which is higher than the industry average of 5.8%. Announcement • Sep 16
Allied Properties Real Estate Investment Trust Declares Distribution for the Month of September 2024, Payable on October 15, 2024 Allied Properties REIT announced that the Trustees of Allied have declared a distribution of $0.15 per unit for the month of September 2024, representing $1.80 per unit on an annualized basis. The distribution will be payable on October 15, 2024, to unitholders of record as at September 30, 2024. Declared Dividend • Aug 21
Dividend of CA$0.15 announced Shareholders will receive a dividend of CA$0.15. Ex-date: 30th August 2024 Payment date: 16th September 2024 Dividend yield will be 13%, which is higher than the industry average of 5.8%. Announcement • Aug 15
Allied Properties REIT Announces July 2024 Distribution, Payable on September 16, 2024 Allied Properties REIT announced that the Trustees of Allied have declared a distribution of $0.15 per unit for the month of August 2024, representing $1.80 per unit on an annualized basis. The distribution will be payable on September 16, 2024, to unitholders of record as at August 30, 2024. Reported Earnings • Jul 31
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: CA$146.8m (up 6.9% from 2Q 2023). Net income: CA$28.1m (up 217% from 2Q 2023). Profit margin: 19% (up from 6.4% in 2Q 2023). Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Office REITs industry in North America. Declared Dividend • Jul 18
Dividend of CA$0.15 announced Shareholders will receive a dividend of CA$0.15. Ex-date: 31st July 2024 Payment date: 15th August 2024 Dividend yield will be 13%, which is higher than the industry average of 5.8%. Announcement • Jul 15
Allied Properties REIT Announces July 2024 Distribution, Payable on August 15, 2024 Allied Properties REIT announced that the Trustees of Allied have declared a distribution of $0.15 per unit for the month of July 2024, representing $1.80 per unit on an annualized basis. The distribution will be payable on August 15, 2024, to unitholders of record as at July 31, 2024. Announcement • Jun 25
Allied Properties Real Estate Investment Trust to Report Q2, 2024 Results on Jul 30, 2024 Allied Properties Real Estate Investment Trust announced that they will report Q2, 2024 results After-Market on Jul 30, 2024 Declared Dividend • Jun 20
Dividend of CA$0.15 announced Shareholders will receive a dividend of CA$0.15. Ex-date: 28th June 2024 Payment date: 15th July 2024 Dividend yield will be 15%, which is higher than the industry average of 5.8%. Announcement • Jun 18
Allied Properties REIT Declares Distribution for June 2024, Payable on July 15, 2024 Allied Properties REIT announced that the Trustees of Allied have declared a distribution of $0.15 per unit for the month of June 2024, representing $1.80 per unit on an annualized basis. The distribution will be payable on July 15, 2024, to unitholders of record as at June 28, 2024. Declared Dividend • May 19
Dividend of CA$0.15 announced Shareholders will receive a dividend of CA$0.15. Ex-date: 31st May 2024 Payment date: 17th June 2024 Dividend yield will be 13%, which is higher than the industry average of 5.8%. Announcement • May 16
Allied Properties REIT Declares Distribution for May 2024, Payable on June 17, 2024 Allied Properties REIT announced that the Trustees of Allied have declared a distribution of $0.15 per unit for the month of May 2024, representing $1.80 per unit on an annualized basis. The distribution will be payable on June 17, 2024, to unitholders of record as at May 31, 2024. Reported Earnings • May 01
First quarter 2024 earnings released First quarter 2024 results: Revenue: CA$143.6m (up 2.9% from 1Q 2023). Net loss: CA$18.8m (loss narrowed 46% from 1Q 2023). Revenue is forecast to grow 9.6% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Office REITs industry in North America. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Declared Dividend • Apr 18
Dividend of CA$0.15 announced Shareholders will receive a dividend of CA$0.15. Ex-date: 29th April 2024 Payment date: 15th May 2024 Dividend yield will be 13%, which is higher than the industry average of 5.8%. Announcement • Apr 17
Allied Properties Real Estate Investment Trust Announces April 2024 Distribution, Payable on May 15, 2024 Allied Properties REIT announced that the Trustees of Allied have declared a distribution of $0.15 per unit for the month of April 2024, representing $1.80 per unit on an annualized basis. The distribution will be payable on May 15, 2024, to unitholders of record as at April 30, 2024. Announcement • Apr 02
Allied Properties Real Estate Investment Trust (TSX:AP.UN) completed the acquisition of 90% stake in 400 West Georgia Street in Vancouver. Allied Properties Real Estate Investment Trust (TSX:AP.UN) agreed to acquire 90% stake in 400 West Georgia Street in Vancouver on March 11, 2024. In a related transaction, Allied Properties Real Estate Investment Trust (TSX:AP.UN) agreed to acquire an additional unknown stake in 19 Duncan Street in Toronto on March 11, 2024. Allied expects to complete the transactions in relation to 400 West Georgia and 19 Duncan in early April, subject only to Competition Act approval and customary closing conditions. The property is subject to secured financing in the amount of CAD 250 million.Allied Properties Real Estate Investment Trust (TSX:AP.UN) completed the acquisition of 90% stake in 400 West Georgia Street in Vancouver on April 1, 2024. Announcement • Mar 27
Allied Properties Real Estate Investment Trust to Report Q1, 2024 Results on Apr 30, 2024 Allied Properties Real Estate Investment Trust announced that they will report Q1, 2024 results After-Market on Apr 30, 2024 Declared Dividend • Mar 20
Dividend of CA$0.15 announced Shareholders will receive a dividend of CA$0.15. Ex-date: 27th March 2024 Payment date: 15th April 2024 Dividend yield will be 13%, which is higher than the industry average of 5.8%. Announcement • Mar 16
Allied Properties REIT Announces March 2024 Distribution, Payable on April 15, 2024 Allied Properties REIT announced that the Trustees of Allied have declared a distribution of $0.15 per unit for the month of March 2024, representing $1.80 per unit on an annualized basis. The distribution will be payable on April 15, 2024, to unitholders of record as at March 29, 2024. Announcement • Feb 23
Allied Properties Real Estate Investment Trust, Annual General Meeting, May 07, 2024 Allied Properties Real Estate Investment Trust, Annual General Meeting, May 07, 2024. Upcoming Dividend • Feb 21
Upcoming dividend of CA$0.15 per share Eligible shareholders must have bought the stock before 28 February 2024. Payment date: 15 March 2024. Trailing yield: 10%. Within top quartile of Canadian dividend payers (6.4%). Higher than average of industry peers (5.5%). Declared Dividend • Feb 19
Dividend of CA$0.15 announced Shareholders will receive a dividend of CA$0.15. Ex-date: 28th February 2024 Payment date: 15th March 2024 Dividend yield will be 13%, which is higher than the industry average of 5.8%. Announcement • Feb 16
Allied Properties REIT Declares Distribution for the Month of February 2024, Payable on March 15, 2024 Allied Properties REIT announced that the Trustees of Allied have declared a distribution of $0.15 per unit for the month of February 2024, representing $1.80 per unit on an annualized basis. The distribution will be payable on March 15, 2024, to unitholders of record as at February 29, 2024. Reported Earnings • Feb 01
Full year 2023 earnings: Revenues miss analyst expectations Full year 2023 results: Revenue: CA$564.0m (up 8.0% from FY 2022). Net loss: CA$550.7m (down 428% from profit in FY 2022). Revenue missed analyst estimates by 4.2%. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 3.5% growth forecast for the Office REITs industry in North America. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 49 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Jan 23
Upcoming dividend of CA$0.15 per share at 8.8% yield Eligible shareholders must have bought the stock before 30 January 2024. Payment date: 15 February 2024. Trailing yield: 8.8%. Within top quartile of Canadian dividend payers (6.5%). Higher than average of industry peers (5.5%). Announcement • Jan 16
Allied Properties Reit Declares Distribution for the Month of January 2024, Payable on February 15, 2024 Allied Properties REIT announced that the Trustees of Allied have declared a distribution of $0.15 per unit for the month of January 2024, representing $1.80 per unit on an annualized basis. The distribution will be payable on February 15, 2024, to unitholders of record as at January 31, 2024. Announcement • Jan 10
Allied Properties Real Estate Investment Trust to Report Q4, 2023 Results on Jan 31, 2024 Allied Properties Real Estate Investment Trust announced that they will report Q4, 2023 results After-Market on Jan 31, 2024 Recent Insider Transactions • Dec 24
Executive Chair recently bought CA$604k worth of stock On the 21st of December, Michael Emory bought around 34k shares on-market at roughly CA$17.77 per share. This transaction amounted to 2.9% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth CA$605k. Michael has been a buyer over the last 12 months, purchasing a net total of CA$1.2m worth in shares. Upcoming Dividend • Dec 22
Upcoming dividend of CA$0.63 per share at 9.2% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 15 January 2024. Trailing yield: 9.2%. Within top quartile of Canadian dividend payers (6.5%). Higher than average of industry peers (5.3%). Announcement • Dec 16
Allied Properties Real Estate Investment Trust Announces Special Distribution Allied Properties Real Estate Investment Trust announced that the Trustees of Allied have declared a special distribution of $5.48 per unit, comprised of $0.48 per unit payable in cash and $5.00 per unit payable by the issuance of units of Allied to unitholders of record as at December 29, 2023. 
