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    AP.UN   CA0194561027

ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST

(AP.UN)
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Allied Properties Real Estate Investment Trust : Announces Conference Call to Discuss Second-Quarter Financial Results

06/24/2021 | 10:00am EDT

TORONTO, June 24, 2021 (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 Tuesday, July 27, 2021, to discuss financial results for the quarter ended June 30, 2021. The financial results will be released on Monday, July 26, 2021, after the markets close.

The conference call can be accessed by dialing 1(800)437-2398 or (647)792-1240. The webcast will be accessible at www.alliedreit.com and will be archived for 90 days.

Allied is a leading owner, manager and developer of (i) distinctive urban workspace in Canada’s major cities and (ii) network-dense urban data centres in Toronto that form Canada’s hub for global connectivity. Allied’s business is providing knowledge-based organizations with distinctive urban environments for creativity and connectivity.

FOR FURTHER INFORMATION, PLEASE CONTACT:
Michael R. Emory
President and Chief Executive Officer
(416) 977-9002
memory@alliedreit.com

Cecilia C. Williams
Executive Vice President and Chief Financial Officer
(416) 977-9002
cwilliams@alliedreit.com


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Source: Allied Properties REIT

2021 GlobeNewswire, Inc., source Press Releases - Canada

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Financials
Sales 2021 571 M 445 M 445 M
Net income 2021 - - -
Net Debt 2021 3 460 M 2 694 M 2 694 M
P/E ratio 2021 -
Yield 2021 4,09%
Capitalization 5 275 M 4 138 M 4 107 M
EV / Sales 2021 15,3x
EV / Sales 2022 13,4x
Nbr of Employees 328
Free-Float 98,5%
Chart ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST
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Technical analysis trends ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST
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TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 12
Last Close Price 41,45 CAD
Average target price 50,23 CAD
Spread / Average Target 21,2%
EPS Revisions
Managers and Directors
Michael R. Emory President, CEO & Non-Independent Trustee
Cecilia C. Williams Chief Financial Officer & Executive Vice President
Gordon R. Cunningham Chairman-Trustees Board
Travis Vokey Vice President-Technology
Thomas G. Burns Chief Operating Officer & Executive Vice President