Allied Properties Real Estate Investment Trust T.AP.UN

Andrew Moffs - BNN - RISKY

[Possibleidiot01]

RISKY

Allied Properties REIT(AP.UN-T)

27/09/2023

 

80% of portfolio in Toronto and Montreal. Availability rates are over 16%, yet new builds continue. Sold data centres. Good position on cashflow. Valuation now more compelling. Enticing 9% yield if you're willing to take the risk. Difficult asset class going forward, perhaps better value elsewhere. Many of these stocks look oversold, though he's not willing to place bets today.

investment companies / funds

 

$18.000

Unknown if he owns

[EstevanOutsider]

he said allied is trading at $250 psf which is unheard of for Toronto and did not call it risky. he is not yet sold on office as an asset class again but he did not call allied risky. i watched the entire episode  full show: