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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 rustybladeson Jul 31, 2024 11:09am
131 Views
Post# 36156229

RE:Prominent point

RE:Prominent pointThe uptick in occupancy also caught my attention. As far as I'm concerned that is the inflection point. Summer is a slow period with decision makers away on vacation. Come September touring activity should pick up. Summer was always a more relaxed period for office attendance but I expect the return to office to also pick up steam in September when school starts up.

As far as debt management, they have a plan with several options to get us through this interim period until the development properties star to generate income. I added more shares this morning. I want to benefit from the plan. Very little downside and blue sky from here IMO.

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