Overview
Description
Allied Properties Real Estate Investment Trust is a prominent real estate investment trust focusing on owning, managing, and developing urban properties across major Canadian cities. As a REIT, its primary function is to provide investors with consistent income generated from its portfolio of income-producing properties, primarily targeting office and urban data centre spaces. Allied Properties REIT places a strong emphasis on creative character workspace and urban intensification, boasting a significant presence in cities like Toronto, Montreal, and Vancouver.
By investing in a diversified portfolio, Allied Properties REIT impacts several industries, notably technology, media, and co-working sectors, which utilize its unique office spaces. The trust's strategy revolves around sustainability, adaptive reuse of heritage buildings, and fostering vibrant urban communities. In the financial market, Allied Properties REIT holds significance due to its stability and income generation attributes appealing to investors seeking exposure to the Canadian real estate sector without direct property ownership. This trust plays a vital role in meeting the demand for innovative urban spaces while providing a steady income stream and potential growth through strategic property acquisitions and developments.
About
CEO
Ms. Cecilia Catalina Williams C.A., CPA
Employees
351
Address
134 Peter Street
Suite 1700
Toronto, M5V 2H2, ON
Canada
Suite 1700
Toronto, M5V 2H2, ON
Canada
Phone
416 977 9002
Website
Instrument type
REIT
Sector
Real Estate
Industry
REIT - Office
Country
Canada
MIC code
XTSE