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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 jack4567on Dec 15, 2023 12:42pm
194 Views
Post# 35786970

RE:RE:RE:RE:Beautiful!

RE:RE:RE:RE:Beautiful!As a newbie to this kind of transaction, I appreciate your kind offer of help.  I understand that I am completely responsible for my own due diligence, and that you will not be providing any acutal investment/tax planning advice.

Please let me know if my understanding of the special distribution sounds correct and complete, or if not, let me know where I have it wrong:
  1. The special distribution of $5 in units plus $0.48 in cash is all treated as capital gains for tax purposes, whereas the regular dividend of $0.15 is treated as a dividend for tax purposes. 
  2. Therefore I can expect to pay a lot more tax on the special distribution than I would on a dividend, assuming I don't have some offsettng capital losses or some tax sheltering (as in a TFSA).
  3. Having said that, it still looks as if the special distribution offers a pretty hefty return on what is potentially an investment for a month or two. 
Thank you.
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