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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

Post by BlueJay2020on Jun 12, 2024 2:45pm
207 Views
Post# 36085386

Now valued less than half of COVID low..

Now valued less than half of COVID low..Allied traded at $60.09 before COVID and hit a low of $32.31 during COVID.  We're now at less than half that - brutal destruction of value.  Yes, pre-COVID days have gone, but I still think the value in the depths of COVID is still achievable - in other words, a double from here.


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