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 rabnudon Apr 07, 2024 10:15am
86 Views
Post# 35975456

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Special Dividend received March 8, 2024

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Special Dividend received March 8, 2024I see that sucks I have a private reit i have been in for years (there the best) however they never stole the cash like AP did but forced a large Capitol gain on us as more shares ;;I told them next time i want the option to take the cash and believe  it or not that was what they offered this time around; cash or more shares ;;I took the cash 
masfortuna wrote:
rabnud wrote: All iever read was "  Payable in Cash and C$5.00 Per Unit Payable by the Issuance of Units of Allied to Unitholders of Record as at Dec 29 >AP.UN.T this statement certainly made it look like the money went to buying more shares ?                    
nedstar71 wrote:
rabnud wrote: the only report i read was quote:::
2023-12-15 12:27:00 GMT *DJ Allied Properties Special Distribution of C$5.48 Per Unit, Comprised of C.48 Per Unit Payable in Cash and C$5.00 Per Unit Payable by the Issuance of Units of Allied to Unitholders of Record as at Dec 29 >AP.UN.T
 	 so where did the $5 per unit end up?? 

In one's taxable captial gains only, and raising one's cost base going forward.  I give up, not worth my time.  If you aren't capable of deciphering the news release I provided on the matter there's no point in explaining it further.  While it's a little convoluted, I've dumbed it down as much as possible.  Stick to GIC's.  Byeeeee.




No.  It's a tax issue. When they sold the property, the profit is liable to capital gains.  So they offset that liability on the shareholder. That's it.


<< Previous
Bullboard Posts
Next >>