Allied Announces December 2019 Distribution and Distribution Increase for 2020

Dec 04, 2019

TORONTO, Dec. 04, 2019 (GLOBE NEWSWIRE) -- Allied Properties REIT (TSX:”AP.UN”) announced today that its Trustees have (i) declared a distribution of $0.133 per unit for the month of December, 2019, payable on January 15, 2020, to unitholders of record on December 31, 2019, and (ii) approved an increase in monthly cash distributions for 2020 to $0.1375 per unit ($1.65 per unit annualized, up 3% from $1.60 per unit annualized in 2019).

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