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Public market insider buying at Allied Properties REIT (T:AP)

Updated Thursday Mar 26, 2020 03:12 AM EDT

Thomas Gerard Burns, a Senior Officer, acquired 3,000 Units on a direct ownership basis at a price of $39.656 on March 25th, 2020. This represents a $118,969 investment into the company's shares and an account share holdings change of 4.7%.

Michael R. Emory, CEO and Director, acquired 2,400 Units on an indirect ownership basis for registered holder Prophet Corporation at a price of $41.400 on March 25th, 2020. This represents a $99,360 investment into the company's shares and an account share holdings change of 2.2%.

Lois Cormack, a Director, acquired 500 Units on a direct ownership basis at a price of $37.000 on March 18th, 2020. The insider also acquired 291 Units on an indirect ownership basis for registered holder RRSP at a price of $40.337 on March 17th, 2020. This represents a $30,238 investment into the company's shares and an account share holdings change of 17.7%.

Allied Properties REIT is in the Commercial REITs Sub Industry Group under the Financials Sector.

Allied Properties Real Estate Investment Trust (Allied) is a closed-end real estate investment trust (REIT). The Trust is an owner, manager and developer of urban office properties. The Trust operates in seven urban markets in Canada: Toronto, Kitchener, Ottawa, Montreal, Calgary, Edmonton and Vancouver. The Trust may invest in interests in income producing office, retail and residential properties and Properties Under Development in Canada. The Trust specializes in an office format created through the adaptive re-use of light industrial structures in urban areas that has come to be known as Class I. Its properties include 32 Atlantic, 47 Jefferson, 64 Jefferson, 905 King W, The Castle, 141 Bathurst, 420 Wellington W, 468 King W, The Well, 193 Yonge and Dominion Square. Its tenant base includes companies from various sectors, including business service and professional, telecommunications and information technology, and educational and institutional.

INK Edge Outlook

CONDITIONS:
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6 months ago
1 year ago
Overall
Mixed
Mostly Sunny
Mixed
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Go to Allied Properties Real Estate Investment Trust (AP)'s company page

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