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.

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Allied Properties Real Estate Investment Trust > Not Sure Dist is Safe

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Comment by Frankie10on Feb 01, 2024 7:12pm

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Post# 35858406

RE:Not Sure Dist is Safe

Distribution is safe. The "horrible" guidance that is not "guidance" ("outlook?") is flat to down 5%... even under the worst case scenario of down 5%, distribution is well supported by cash flow.

This is classic under promise over deliver. Great buying opportunity, imho.

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