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Allied Properties Real Estate Investment Trust
Symbol AP
Shares Issued 127,955,983
Close 2025-12-24 C$ 13.17
Market Cap C$ 1,685,180,296
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Globe says Allied Properties suffering in digital age

2025-12-29 06:22 ET - In the News

The Globe and Mail reports in its Saturday edition that office landlords such as Allied Properties have a problem. The Globe's John Heinzl writes that as much as some companies are trying to drag their employees back to their prepandemic office routines, the alternative -- working from home -- is so much more appealing. You can see it in Allied's struggling unit price, in its failure to meet its year-end occupancy target of 90 per cent (it ended the third quarter at 87.4 per cent) and in its 60-per-cent distribution cut in early December. As much as employers want to see more of their workers in the office, a lot of those employees have proved remarkably resilient in their desire to stay home.

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