Allied Properties Declares Consistent April Distribution for 2025
Allied Properties REIT Distribution Announcement
Allied Properties REIT (“Allied”) (TSX:AP.UN) has declared a distribution of $0.15 per unit for April 2025. This announcement reflects Allied's commitment to delivering steady returns to its unitholders. The distribution translates into an annualized rate of $1.80 per unit, payable on May 15, 2025, to all unitholders on record as of April 30, 2025.
Commitment to Stakeholders
This distribution marks a significant statement of intent from Allied, emphasizing the company's stability and ongoing commitment to providing value to its stakeholders. Transparency in its operations allows unitholders to plan their investments effectively, reinforcing trust in the company’s governance.
About Allied Properties REIT
Allied Properties is recognized as a leading owner-operator of unique urban workspaces throughout Canada. The company’s approach centers around fostering environments that promote human wellness, creativity, connectivity, and diversity. With a mission dedicated to knowledge-based organizations, Allied aims to offer spaces that are not only sustainable but also conducive to inspiring innovation and collaboration.
Strategic Vision and Mission
Allied’s vision is deeply rooted in its aspiration to enhance urban landscapes and cultural dynamics. The company believes in making a positive impact within the communities it serves, elevating the human experience through thoughtfully designed workspaces. This vision drives every decision made at Allied, ensuring that they contribute to healthier, more vibrant cities.
Leadership at Allied
The leadership team at Allied, including President and CEO Cecilia C. Williams, plays a vital role in steering the company towards its goals. With decades of combined experience, the management team is focused on strategic growth while delivering value to unitholders. Nanthini Mahalingam, the CFO, supports financial strategies that keep Allied in a position of strength.
Engagement with the Community
Allied is not just about profit; the company actively engages with the local communities in which it operates. By understanding and addressing the needs of urban areas, Allied contributes to local economies and collaborates with various stakeholders to ensure that their projects resonate positively with residents and businesses alike.
Contact Information
For additional information regarding Allied Properties and its recent distribution announcement, individuals can reach out to the following leaders:
Cecilia C. Williams, President and Chief Executive Officer
(416) 977-9002
cwilliams@alliedreit.com
Nanthini Mahalingam, Senior Vice President and Chief Financial Officer
(416) 977-9002
nmahalingam@alliedreit.com
Frequently Asked Questions
What is the distribution amount declared by Allied Properties for April 2025?
Allied Properties has declared a distribution of $0.15 per unit for April 2025.
When will the distribution be paid?
The distribution will be payable on May 15, 2025, to unitholders of record as of April 30, 2025.
What is the annualized distribution amount for Allied Properties?
The annualized distribution amount is $1.80 per unit.
Who can be contacted for more information regarding the distribution?
Cecilia C. Williams and Nanthini Mahalingam can be contacted for further information.
What is Allied Properties' mission?
Allied’s mission is to provide sustainable workspaces that promote wellness, creativity, and connectivity in urban areas.
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