Allied Properties Real Estate Investment Trust Announces December Distribution and Resumption of DRIP
20 Décembre 2007 - 6:30PM
Marketwired
TORONTO, ONTARIO announced today that the Trustees of the REIT
have declared a distribution of $0.105 per unit for the month of
December, 2007, representing $1.26 per unit on an annualized basis.
The distribution will be payable on January 15, 2008, to
unitholders of record as at December 31, 2007. The REIT has
25,109,707 units issued and outstanding.
The REIT also announced today that it will resume the issuance
of units under its Distribution Reinvestment Plan starting January
15, 2008. The terms of the Distribution Reinvestment Plan are set
out in the REIT's website at www.alliedpropertiesreit.com under the
heading Investor Information.
Allied Properties REIT is the leading provider of Class I office
space in Canada, with portfolio assets in the urban areas of
Toronto, Montreal, Winnipeg and Quebec City. The objectives of the
REIT are to provide stable and growing cash distributions to
unitholders and to maximize unitholder value through effective
management and accretive portfolio growth.
Contacts: Allied Properties REIT Michael R. Emory President and
Chief Executive Officer (416) 977-9002 Email:
memory@alliedpropertiesreit.com Website:
www.alliedpropertiesreit.com
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