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Allied Properties REIT (T:AP) has notable insider buying

Updated Monday Dec 16, 2019 01:50 AM EDT

Gordon R. Cunningham, a Director, acquired 4,000 Units on a direct ownership basis at a price of $50.499 through the public market on December 12th, 2019. This represents a $201,996 investment into the company's shares and an account share holdings change of greater than 100%.

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

Allied Properties Real Estate Investment Trust 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 nine urban markets in Canada: Toronto, Kitchener, Ottawa, Montreal, Quebec City, Winnipeg, Calgary, Edmonton and Vancouver. The Trust may invest in interests in producing office, retail and residential properties, and properties under development in Canada and the United States. 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 include companies from various sectors, including business service and professional, telecommunications and information technology, and educational and institutional.

INK Edge Outlook

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

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