Allied Announces December 2021 Distribution and Distribution Increase for 2022

TORONTO, Dec. 01, 2021 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”)(TSX:AP.UN) announced today that its Trustees have (i) declared a distribution of $0.1417 per unit for the month of December 2021, payable on January 17, 2022, to unitholders of record as at December 31, 2021, and (ii) approved a 2.9% increase in monthly cash distributions for 2022 to $0.1458 per unit ($1.75 per unit annualized). Read More