Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Allied Properties Real Estate Investment Trust T.AP.UN

Alternate Symbol(s):  APYRF

Allied Properties Real Estate Investment Trust (Allied) is a Canada-based open-end real estate investment trust (REIT). Allied is an owner-operator of distinctive urban workspace in Canada's cities and network-dense urban data centers in Toronto. Its business is providing knowledge-based organizations with distinctive urban environments for creativity and connectivity. Allied operates in seven urban markets in Canada, which includes Montreal, Ottawa, Toronto, Kitchener, Calgary, Edmonton and Vancouver. Its urban office properties are managed by geographic location consisting of approximately four groups of cities. Allied engages in third-party property management business, including the provision of services for properties, in which a trustee of the Allied has an ownership interest.


TSX:AP.UN - Post by User

Comment by Frankie10on Feb 01, 2024 7:57am
262 Views
Post# 35856550

RE:Q4 results

RE:Q4 resultsGuidance is brutal. Bump in cap rates (FMV adjustments to investment properties) is a nothing burger imho - nobody believed the pie in the sky valuations they had on paper - completely disconnected from reality (bond yields/risk free rate). I think it's going to be a rough morning... let's see what she has to say on the call. "I  should have amended 2023 guidance during the year as results were realized. Instead I consistently reaffirmed stale guidance throughout the year, knowing full well that my guidance was inaccurate and disconnected from reality (just like my cap rates)". 
<< Previous
Bullboard Posts
Next >>