Allied Properties REIT Set to Distribute Units for August

Allied Properties REIT Announces Upcoming Distribution
Allied Properties REIT has declared a distribution of $0.15 per unit for the month of August. This is a significant announcement, reflecting the company's robust financial health and commitment to its unitholders.
About the Latest Distribution
This monthly distribution translates to an annualized amount of $1.80 per unit, showcasing the REIT's focus on providing consistent returns to its unitholders. The payment is scheduled for September 15, allowing those on record by August 29 to benefit from this distribution.
The Role of Allied Properties in Urban Development
As a leader in urban workspace, Allied Properties is focused on creating distinctive environments tailored for knowledge-based organizations. Their approach emphasizes sustainability, connectivity, and cultural contribution, setting them apart in the real estate investment trust industry.
Sustainability and Wellness
Allied’s mission embraces sustainability not just in physical structures but also in fostering human wellness within the workspace. The organization aims to provide environments that inspire creativity and enhance productivity, ensuring that all tenants feel connected and valued.
Building Community and Culture
Allied envisions a future where their contributions to cities not only elevate the physical spaces but also nurture the cultural fabric of urban life. They believe that thoughtful urban development can inspire the humanity within each individual, creating a lasting impact on communities.
Leadership and Contact Information
Under the guidance of Cecilia C. Williams, President and CEO, Allied continues to strengthen its position in the market. Interested parties can contact her at (416) 977-9002 or via email at cwilliams@alliedreit.com. Nanthini Mahalingam serves as the Senior VP and CFO, and she can also be contacted through the same phone number at nmahalingam@alliedreit.com.
Embracing Future Opportunities
Allied Properties REIT is poised for future growth, and the recent distribution announcement underlines their ongoing commitment to shareholders. As they venture into new projects, investors can look forward to innovative approaches to urban workspace that are both profitable and beneficial to the community.
Frequently Asked Questions
What is the distribution amount declared by Allied Properties?
Allied Properties has declared a distribution of $0.15 per unit for August.
When will the distribution be paid?
The distribution will be payable on September 15, with record holders as of August 29 eligible to receive it.
Who leads Allied Properties REIT?
The company is led by Cecilia C. Williams, who serves as the President and CEO.
What is Allied's mission?
Allied aims to provide sustainable workspaces that promote wellness and creativity in urban environments.
How does Allied contribute to urban culture?
Allied focuses on enriching city life and culture through thoughtful development and community engagement.
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