NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES
OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA

TORONTO, Feb. 24, 2025 (GLOBE NEWSWIRE) -- Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) today announced that it has received approval from the Toronto Stock Exchange (“TSX”) for a normal course issuer bid (“NCIB”) which will enable it to purchase up to 12,615,599 of its 127,955,983 issued and outstanding units (“Units”) as at February 12, 2025, representing approximately 10% of its public float of 126,155,990 Units as at that date.

TORONTO, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that the Trustees of Allied have declared a distribution of $0.15 per unit for the month of February 2025, representing $1.80 per unit on an annualized basis. The distribution will be payable on March 17, 2025, to unitholders of record as at February 28, 2025.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES
OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA

TORONTO, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Allied Properties Real Estate Investment Trust ("Allied") (TSX: "AP.UN") today announced results for its fourth quarter and year ended December 31, 2024. “Our occupied and leased area remained steady for the third consecutive quarter, and our urban workspace portfolio continued to outperform in terms of occupancy and rent growth in all urban submarkets other than Vancouver,” said Cecilia Williams, President & CEO. “With demand rising in our cities and across our three workspace formats, we expect to increase our occupied and leased area and propel rent growth over the course of 2025.”

TORONTO, Jan. 15, 2025 (GLOBE NEWSWIRE) -- Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that the Trustees of Allied have declared a distribution of $0.15 per unit for the month of January 2025, representing $1.80 per unit on an annualized basis. The distribution will be payable on February 18, 2025, to unitholders of record as at January 31, 2025.

TORONTO, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) will hold a conference call and live audio webcast at 10:00 a.m. (ET) on Wednesday, February 5, 2025, to discuss financial results for the quarter ended December 31, 2024. The financial results will be released on Tuesday, February 4, 2025, after the markets close.

TORONTO, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Allied Properties Real Estate Investment Trust (“Allied”) (TSX: “AP.UN”) announced today that the Trustees of Allied have (i) declared a distribution of $0.15 per unit for the month of December 2024, payable on January 15, 2025, to unitholders of record as at December 31, 2024, and (ii) confirmed Allied’s 2025 distribution plan of $0.15 per unit per month ($1.80 per unit annualized).

TORONTO, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that the Trustees of Allied have declared a distribution of $0.15 per unit for the month of November 2024, representing $1.80 per unit on an annualized basis. The distribution will be payable on December 16, 2024, to unitholders of record as at November 29, 2024.

TORONTO, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Allied Properties Real Estate Investment Trust ("Allied") (TSX: "AP.UN") today announced results for the three months ended September 30, 2024. “Our occupied and leased area remained steady for the second consecutive quarter, and our urban workspace portfolio continued to outperform the market,” said Cecilia Williams, President & CEO. “With demand rising in Canada’s major cities, we expect our leasing activity to accelerate over the remainder of the year and into 2025.”