Bullboard - Stock Discussion Forum 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... see more

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Allied Properties Real Estate Investment Trust > Faster property sales then expected…!

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Post by Panic54321 on Jul 30, 2024 7:24pm

Faster property sales then expected…!

7 pending property sells !!

Plus more on the way... things are looking up... deleveraging and debt reduction should work out just fine in the medium to long-term... with that an interest rates heading in the right direction things will be looking up going forward.. patience..

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Comment by Farmer12 on Jul 30, 2024 8:49pm

The payout ratios are still below 100%, even with dividends at these incredibly high interest rate levels.Three transactions were done above IFRS valuations and the other four based on cap rates consistent with AP.UN IFRS value. The sales seem to have been done carefully at fair prices. With + or - $9 billion of unencumbered assets, the financing of 2024 and 2025 debt should not be a stressful ...more

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Allied Properties Real Estate Investment Trust