Allied Properties REIT Announces Distribution for October 2024
Allied Properties REIT (TSX:AP.UN) is pleased to share exciting news regarding its recent distribution decision for the month of October 2024. The Trust's Trustees have officially declared a distribution of $0.15 per unit, equating to an annualized rate of $1.80 per unit.
Important Details Regarding the Distribution
This distribution is set to benefit unitholders as it will be paid out on November 15, 2024. To ensure you receive this distribution, make sure you're a unitholder of record no later than October 31, 2024. This announcement reflects Allied's continued commitment to providing value to its stakeholders.
What This Means for Unitholders
The declaration of a $0.15 distribution per unit is consistent with Allied's strategy of maintaining stable returns for its investors. This regular income serves as a testament to the company’s robust operational performance and management's focus on delivering consistent results.
About Allied Properties REIT
Allied Properties REIT is recognized as a leading owner-operator of distinctive urban workspaces across Canada's major cities. The company strives to create environments that not only foster productivity but are also aligned with sustainability and the well-being of individuals.
Company Mission and Vision
Allied's mission centers around supporting knowledge-based organizations with spaces that promote creativity, connectivity, and diversity. The team is dedicated to making a lasting positive impact on urban spaces and the communities that inhabit them. Allied envisions a future where its contributions consistently elevate human experiences in urban environments.
Contact Information for Further Inquiries
For those seeking additional information or have specific questions regarding the recent announcement, please contact:
Cecilia C. Williams
President and Chief Executive Officer
Phone: (416) 977-9002
Email: cwilliams@alliedreit.com
Nanthini Mahalingam
Senior Vice President and Chief Financial Officer
Phone: (416) 977-9002
Email: nmahalingam@alliedreit.com
Frequently Asked Questions
What is the distribution amount declared by Allied for October 2024?
The declared distribution amount for October 2024 is $0.15 per unit, which represents an annualized distribution of $1.80 per unit.
When will the distribution payment be made?
The distribution payment is scheduled for November 15, 2024.
Who qualifies to receive the distribution?
Unitholders of record by October 31, 2024, will qualify to receive the distribution.
What is the focus of Allied Properties REIT?
Allied Properties REIT focuses on providing sustainable, distinctive urban workspaces that enhance wellness, creativity, and connectivity for knowledge-based organizations.
How can I contact Allied for more information?
You can contact Cecilia C. Williams or Nanthini Mahalingam at (416) 977-9002, or via email at their respective email addresses.
