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: 3.78B
- Market Cap Group: Mid Cap
- P/E: 24.05
- Dividend Yield: 6.09%
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.
|DLR||NYSE:DLR||Digital Realty Trust Inc.||33.13||23.66||4.24||NO||1||10||82|
|AP.UN||TSE:AP.UN||Allied Properties REIT||3.78||24.05||6.09||YES||1||10||82|
|D.UN||TSE:D.UN||Dream Office REIT||0.78||5.22||5.93||NO||1||10||82|
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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 5/10 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 49 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.