Allied Properties REIT Distributes Monthly Earnings in November
Allied Properties Announces Monthly Distribution for November
Allied Properties REIT (TSX: AP.UN) has declared a distribution of $0.15 per unit for November 2024. This represents an annualized return of $1.80 per unit, showcasing Allied's commitment to delivering consistent returns to its unitholders.
Details of the Distribution
The payment date for the declared distribution will be December 16, 2024. Unitholders are advised that the record date for this distribution is November 29, 2024. This strategic decision reflects the company's robust operational performance and ongoing commitment to its investors.
Understanding Allied Properties REIT
Allied is recognized as a leading owner-operator of unique urban workspaces that cater to the evolving needs of organizations in Canada's major cities. Its mission is to provide sustainable work environments that foster creativity, wellness, and connectivity. Through innovative approaches, Allied aims to elevate the urban experience and contribute positively to the community.
The Vision Behind Allied
The company's vision goes beyond mere workspace provision. Allied seeks to inspire and elevate human interaction within urban settings. By prioritizing diversity and wellness in design, Allied is setting new standards in the workspace industry.
For More Information
For further inquiries regarding the recent distribution announcement or the company's future strategy, stakeholders can reach out to the following contacts:
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 November?
Allied Properties declared a distribution of $0.15 per unit for November 2024.
When will the distribution be paid out to unitholders?
The distribution will be payable on December 16, 2024, to unitholders of record as of November 29, 2024.
How does Allied Properties align with sustainability goals?
Allied focuses on providing sustainable urban workspaces that promote human health and wellness, encouraging a creative and productive environment.
Who can I contact for further information regarding Allied Properties?
For more information, you can contact Cecilia C. Williams or Nanthini Mahalingam at the numbers provided.
What is the long-term vision of Allied Properties?
Allied envisions contributing positively to urban living by fostering environments that elevate human experiences and cultural development.
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