USX:APYRF - Allied Properties Real Estate Investment Trust Allied Properties Real Estate
Sector: Real Estate, Industry: Office REITs
Next Earnings: 7 May 2024
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USD 12.574    +0.224 (+1.81%)

1 May 2024


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General

CEO: Mr. Michael R. Emory

Headquarters: US

Employees: 362

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Description

Allied Properties Real Estate Investment Trust is a real estate investment trust engaged in the development, management, and ownership of primarily urban office environments across Canada's major cities. Most of the total square footage in the company's real estate portfolio is located in Toronto and Montreal. Allied Properties derives nearly all of its income in the form of rental revenue from tenants in its properties. The majority of this revenue comes from its assets located in Central Canada. Allied Properties' major tenants include IT, banking, government, marketing, and telecommunications firms. The company also controls a number of telecommunications/IT and retail properties within its real estate portfolio.

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