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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 yieldmachineon Jul 31, 2024 7:25pm
218 Views
Post# 36157286

Mr Market

Mr MarketAbsolutely punished this dawg today. As a biased bagholder, I was thinking about what I missed. Comes down to not so great highlights from the Q (debt/ebitda as an example), and also there is a lot of hypothetical options and talk about inflections but the market wants to see tangible proof of some of the things they are talking about. So its on management to execute for the rest of the year into next. If they can't, let's see overhead come down.

The conference call was handled a lot better than the previous two so that was a positive from today.
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