Allied Properties REIT Declares Distribution for January 2025
Allied Properties REIT Announces New Monthly Distribution
Allied Properties REIT, a prominent owner and operator specializing in distinctive urban workspace, has made a significant announcement for the upcoming month. For January 2025, the Trustees of Allied Properties have declared a distribution of $0.15 per unit, amounting to an annualized distribution of $1.80 per unit. This is a notable development for unitholders, as the distribution is set to be payable on a specific date, providing a timely opportunity for investors to benefit from their holdings.
Details of the Distribution
The distribution is scheduled for payment on February 18, 2025, to unitholders recorded as of January 31, 2025. This regular distribution reinforces Allied's continuous efforts to deliver value to its investors while maintaining its commitment to financial stability and growth. It strengthens Allied's reputation as a reliable investment option in the real estate sector.
Understanding Allied Properties REIT
Allied Properties REIT stands out in Canada as a leader in urban workspace solutions. The company aims to cater to knowledge-based organizations by offering workspaces that prioritize sustainability and human well-being. This focus allows Allied to create environments that foster creativity, connectivity, and diversity among its tenants.
Vision and Mission
Allied’s mission is clear: to provide workspaces that are not only functional but also enhance the quality of life for those who use them. Their vision extends beyond mere property management; it encompasses a dedication to enriching communities and the urban landscape. The company aims to inspire and elevate humanity through their ongoing contributions, further emphasizing their identity as a socially responsible entity.
Commitment to Stakeholders
Allied Properties REIT remains committed to its stakeholders, ensuring that unitholders are kept informed about distribution announcements and financial performance. This level of transparency is crucial in building and maintaining trust in the market. The proactive communication style of Allied’s leadership reflects a dedication to engaging investors and providing updates that matter.
Leadership Contact Information
For those seeking further insights or the latest updates, they can reach out to Allied's leadership team. Cecilia C. Williams, the President and CEO, is available at (416) 977-9002, and can be contacted through email at cwilliams@alliedreit.com. Additionally, Nanthini Mahalingam, the Senior Vice President and CFO, is also available at the same phone number, with her email contact being nmahalingam@alliedreit.com.
Frequently Asked Questions
What is the amount of the distribution announced by Allied?
The distribution announced by Allied for January 2025 is $0.15 per unit, which translates to an annualized basis of $1.80 per unit.
When will the distribution be payable?
The distribution will be payable on February 18, 2025, to unitholders of record as of January 31, 2025.
What is the mission of Allied Properties REIT?
Allied's mission is to provide knowledge-based organizations with workspaces that are sustainable and promote human wellness, creativity, and connectivity.
Who can be contacted for more information about Allied?
Cecilia C. Williams, the President and CEO, and Nanthini Mahalingam, the CFO, are both available for inquiries regarding the company.
What distinguishes Allied Properties in the real estate market?
Allied Properties is distinguished by its focus on creating urban workspaces that enhance community well-being and its commitment to sustainability and diversity.
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