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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. Its business is providing knowledge-based organizations with workspace that is sustainable and conducive to human wellness, creativity, connectivity and diversity. 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. Its subsidiaries include Allied Properties Management Trust, Allied Properties Management Limited Partnership, and Allied Properties Management GP Limited.


TSX:AP.UN - Post by User

Comment by TimeTooSoaron Dec 08, 2023 9:38pm
125 Views
Post# 35775945

RE:RE:RE:Distribution stands pat at $1.80 for 2024

RE:RE:RE:Distribution stands pat at $1.80 for 2024Yeah that was a typo error my bad Frankie, i know they aren't buying back units. I meant to say ... as they stick to business fundmentals (not caring what market thinks, running operations how they normally would)  and not buying back units in this extraordinary time when units are far below NAV... they should of sticked to raising the distribution like they normally would have running their operation.  I might not be articulating this well in my words... but my point is... 
if they do not increase the distribution they should not increase any wages for employees and management this year as the owners did not get their annual bump. Why accept any less? its ok to not raise your pay but they get their cake? Do you not see this as a double standard? why must the owners be punished? i expect 0% increases from the workers of the company if the owners need to sacrifice! 
your thoughts? 
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