Allied Properties REIT Announces May 2018 Distribution
Toronto, May 15, 2018 – Allied Properties REIT (the “REIT”) (TSX:AP.UN) announced today that the Trustees of the REIT have declared a distribution of $0.13 per unit for the month of May 2018, representing $1.56 per unit on an annualized basis. The distribution will be payable on June 15, 2018, to unitholders of record as at May 31, 2018.
Allied Properties REIT is a leading owner, manager and developer of distinctive urban workspace in Canada’s major cities. Its objectives are to provide stable and growing cash distributions to unitholders and to maximize unitholder value through effective management and accretive portfolio growth.