Core Insights - Allied Properties Real Estate Investment Trust has made significant progress in reducing its indebtedness through the sale of non-core assets in 2024 and 2025, with plans to continue this process into 2026 [1] - The company has improved its debt profile via successful bond offerings during 2024 and 2025, leading to a decision to reduce monthly distributions to unitholders by 60% to $0.06 per unit starting December 2025 [2] - A distribution of $0.06 per unit has been declared for December 2025, payable on January 15, 2026, to unitholders of record as of December 31, 2025 [3] Company Overview - Allied is a prominent owner-operator of distinctive urban workspace in major Canadian cities, focusing on providing sustainable workspaces that promote human wellness, creativity, connectivity, and diversity [5]
Allied Provides Update on Distributions
Globenewswire·2025-12-01 12:25