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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 stockrook86on Jun 07, 2024 4:03pm
144 Views
Post# 36078386

RE:AP is getting the snot kicked out of it

RE:AP is getting the snot kicked out of it Its being beaten up as the last Canadian mainly office REIT to not cut or suspend its dividend. Doesn't matter that it has a much better balance sheet than the others, all the doom, pessism and shorts are focused on AP now. Its high yield is now a vicous cycle where all of the shorts assume it must cut, because yield high, doesn't need to make sense - thats the lens its being viewed under
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