Allied Properties: Bet On Office Recovery And Collect A 10.5% Yield

Steven_Kriemadis/iStock Unreleased via Getty Images Allied Properties REIT (TSX:AP.UN:CA) is a relatively low-risk way to invest in a Canadian office recovery based on its strong balance sheet, high-quality assets, and solid management. (All dollar amounts in Canadian Dollars, unless otherwise noted) Introduction Allied Properties REIT was founded by Michael Emory in 2002 and debuted on the Toronto Stock Exchange the next year. The company first focused on Class I workspace, office space converted from  ...