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Name | Symbol | Market | Type |
---|---|---|---|
Allied Properties Real Estate Investment Trust | TSX:AP.UN | Toronto | Trust |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.16 | 0.94% | 17.21 | 17.21 | 17.22 | 17.25 | 17.05 | 17.08 | 253,424 | 20:45:51 |
“The Board established the parameters of this plan in 2019 and has worked steadily toward implementation since that time,” said Gordon Cunningham, Chair. “With the remaining key elements of the plan about to be implemented on schedule, we’re highly confident in the evolution and development of the Allied Team and in the team’s ability to manage Allied’s business into the future.”
About Allied
Allied is a leading operator of distinctive urban workspace in Canada’s major cities and network-dense UDC space in Toronto. Allied’s mission is to provide knowledge-based organizations with workspace and UDC space that is sustainable and conducive to human wellness, creativity, connectivity and diversity. Allied’s vision is to make a continuous contribution to cities and culture that elevates and inspires the humanity in all people.
Cautionary Statements
This press release may contain forward-looking statements with respect to (i) Allied, (ii) its operations, strategy, financial performance and condition and (iii) the implementation of certain elements of the board renewal and succession plan contemplated in this press release. These statements generally can be identified by use of forward looking words such as “may”, “will”, “expect”, “estimate”, “anticipate”, “intends”, “believe” or “continue” or the negative thereof or similar variations. The actual results and performance of Allied discussed herein could differ materially from those expressed or implied by such statements. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. Important factors that could cause actual results to differ materially from expectations include, among other things, general economic and market conditions, competition, changes in government regulations and the factors described under “Risk Factors” in Allied’s Annual Information Form, which is available at www.sedar.com. These cautionary statements qualify all forward-looking statements attributable to Allied and persons acting on Allied’s behalf. Unless otherwise stated, all forward-looking statements speak only as of the date of this press release and the parties have no obligation to update such statements.
For more information, please contact:
Michael Emory, President & CEO (416) 977-0643 memory@alliedreit.com
Tom Burns, Executive Vice President & COO(416) 977-9002tburns@alliedreit.com
Cecilia Williams, Executive Vice President & CFO(416) 977-9002cwilliams@alliedreit.com
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