Allied owns 160 urban properties (132 rental properties, eight development properties, and 11 ancillary parking facilities) spanning across 11 million square feet in Canada. Its portfolio comprises of a balanced mix of new and historical buildings.
The firm focuses on urban intensification and has a presence in Canada’s major cities such as Toronto, Montreal, Calgary, Vancouver, Ottawa, Edmonton, and Kitchener. Allied’s segments can be divided into urban data centers (18% of 2018 NOI), western (12%), eastern (25%) and central (45%).
Office space accounts for a larger portion of its NOI at nearly 69%, followed by urban data centers (18%), retail (8%) and parking (5%). Allied also has a subsidiary, Allied Properties Management LP which provides property management and other fee-based services.
Allied Properties REIT Stock Details
- Ticker: tse:ap.un
- Sector: Real Estate
- Industry: REIT - Office
- Market Cap: 2.88B
- Market Cap Group: Mid Cap
- P/E: 0.00
- Dividend Yield: 8.00%
- Grade: B
- Dividend Aristocrat: YES
- Chowder Score: Members Only
- Revenue Growth: Members Only
- Dividend Growth: Members Only
- Dividend Growth Fit: 5/10
- Dividend Income Fit: 6/10
AP.UN Industry Competitors
The competitive landscape is important as they compete for the same business. Below is the list of competitors in the same industry. While not displayed, a number of metrics you can also use to evaluate your picks are the Chowder Score, the Relative Strength Index (RSI), the Graham Number, and the Piotroski F-Score.
| Ticker | Ticker | Company | Market Cap | P/E | Yield | Aristocrat | Graph | SectorID | IndustryID |
|---|---|---|---|---|---|---|---|---|---|
| DLR | NYSE:DLR | Digital Realty Trust Inc. | 26.44 | 81.76 | 5.38 | NO | 1 | 10 | 82 |
| AP.UN | TSE:AP.UN | Allied Properties REIT | 2.88 | 0.00 | 8.00 | YES | 1 | 10 | 82 |
| D.UN | TSE:D.UN | Dream Office REIT | 0.65 | 70.65 | 6.88 | NO | 1 | 10 | 82 |
| INO.UN | TSE:INO.UN | Inovalis REIT | 0.11 | 0.00 | 11.82 | NO | 1 | 10 | 82 |
Top Picks by Bay Street Experts
Expert stock analysts have shared their opinions, and sometimes prediction, on the company.
For more top picks from stock analysts on Bay Street, check the full list of top picks by expect stock analysts from investment and asset management firms.
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Allied Properties REIT - FAQ
What is the stock ticker for Allied Properties REIT?
The stock ticker for Allied Properties REIT is TSE:ap.un.
Is Allied Properties REIT a good stock to buy?
You need to consider your investment strategy and how TSE:ap.un can fit in your portfolio.
The current dividend income score of 6/10 and dividend growth score of 5/10. Those 2 metrics together should help you decide the fit for your portfolio. Be it for income or for growth.
Is Allied Properties REIT a Buy, Sell or Hold?
The Dividend Snapshot Opportunity Score of 52 out of 100.
The score reflects the strength of a buy signal but it does not show a sell signal if it's low. The higher the better.
A sell signal is more difficult as it often relies on the reason you bought the stock in the first place.
How can I buy stocks for Allied Properties REIT?
You can easily buy the AP.UN stock with an online trading platform.
Just make sure the stock fits your risk profile and investment goals.