Allied Properties Real Estate Investment Trust Announces December 2017 Distribution
TORONTO, ONTARIO–(Marketwired – Dec. 19, 2017) - Allied Properties REIT (the “REIT”) (TSX:AP.UN) announced today that the Trustees of the REIT have declared a distribution of $0.13 per unit for the month of December 2017, representing $1.56 per unit on an annualized basis. The distribution will be payable on January 15, 2018, to unitholders of record as at December 31, 2017.
Allied Properties REIT is a leading owner, manager and developer of distinctive urban workspace in Canada’s major cities. Its objectives are to provide stable and growing cash distributions to unitholders and to maximize unitholder value through effective management and accretive portfolio growth.
President and Chief Executive Officer
Cecilia C. Williams
Executive Vice President and Chief Financial Officer