AP.UN Allied Properties Real Estate Investment Trust

Allied Properties REIT (TSX:AP.UN) today announced that its Trustees have
approved an increase in monthly cash distributions from $0.1133 per unit ($1.36
per unit annualized) to $0.1175 per unit ($1.41 per unit annualized). The
increased monthly distribution will commence on January 15, 2014, payable to
unitholders of record on December 31, 2013.


"Management and the Trustees support the two-fold objective of raising
distributions when prudent to do so while simultaneously reducing pay-out
ratios," said Michael Emory, President and CEO. "We're confident of our ability
to meet this two-fold objective in 2014."


This press release may contain forward-looking statements with respect to
Allied, its operations, strategy, financial performance and condition. These
statements generally can be identified by use of forward looking words such as
"may", "will", "expect", "estimate", "anticipate", intends", "believe" or
"continue" or the negative thereof or similar variations. Allied's actual
results and performance discussed herein could differ materially from those
expressed or implied by such statements. Such statements are qualified in their
entirety by the inherent risks and uncertainties surrounding future
expectations. Important factors that could cause actual results to differ
materially from expectations include, among other things, general economic and
market factors, competition, changes in government regulations and the factors
described under "Risk Factors" in the Allied's Annual Information Form which is
available at www. sedar.com. The cautionary statements qualify all
forward-looking statements attributable to Allied and persons acting on its
behalf. Unless otherwise stated, all forward-looking statements speak only as of
the date of this press release, and Allied has no obligation to update such
statements.


Allied Properties REIT is a leading owner, manager and developer of urban office
environments that enrich experience and enhance profitability for business
tenants operating in Canada's major cities. Its objectives are to provide stable
and growing cash distributions to unitholders and to maximize unitholder value
through effective management and accretive portfolio growth.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Allied Properties REIT
Michael R. Emory
President & Chief Executive Officer
416.977.9002
memory@alliedreit.com

Grafico Azioni Allied Properties Real E... (TSX:AP.UN)
Storico
Da Apr 2024 a Mag 2024

Grafico Azioni Allied Properties Real E... (TSX:AP.UN)
Storico
Da Mag 2023 a Mag 2024