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

Updated Friday Sep 23, 2022 03:24 AM EDT

Matthew Philip Andrade, a Director, acquired 35,000 Units on a control or direction basis for registered holder Werklund Capital Corporation at a price of $28.558 on September 22nd, 2022. This represents a $999,544 investment into the company's shares and an account share holdings change of 29.1%.

Thomas Gerard Burns, a Senior Officer, acquired 4,000 Units on a direct ownership basis at a price of $29.620 on September 20th, 2022. This represents a $118,480 investment into the company's shares and an account share holdings change of 4.7%.

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

Allied Properties Real Estate Investment Trust (Allied) is a Canada-based closed-end real estate investment trust (REIT). The Trust is an owner, manager and developer of distinctive urban workspace in Canada's cities and network dense urban data centers in Toronto. The Trust's business is providing knowledge-based organizations with distinctive urban environments for creativity and connectivity. The Trust operates in seven urban markets in Canada, which includes Toronto, Kitchener, Ottawa, Montreal, Calgary, Edmonton and Vancouver. Its urban data centers are comprised of properties operating similar to data centers and colocation facilities. Its urban office properties are managed by geographic location consisting of approximately three areas. It engages in third-party property management business, including the provision of services for properties, in which a trustee of the Trust has an ownership interest.

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Go to Allied Properties Real Estate Investment Trust (AP)'s company page

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