SYS-CON MEDIA Authors: Mike Kavis, Michael Bushong, PR.com Newswire, David Smith, Tim Crawford

News Feed Item

Allied Properties Real Estate Investment Trust Announces March Distribution

TORONTO, ONTARIO -- (Marketwired) -- 03/19/14 -- Allied Properties REIT (TSX:AP.UN) announced today that the Trustees of the REIT have declared a distribution of $0.1175 per unit for the month of March, 2014, representing $1.41 per unit on an annualized basis. The distribution will be payable on April 15, 2014, to unitholders of record as at March 31, 2014. The REIT has 69,346,420 units issued and outstanding.

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.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.