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: 2.25B
- Market Cap Group: Mid Cap
- P/E: 0.00
- Dividend Yield: 10.25%
- Grade: C
- Dividend Aristocrat: YES
- Chowder Score: Members Only
- Revenue Growth: Members Only
- Dividend Growth: Members Only
- Dividend Growth Fit: 5/10
- Dividend Income Fit: 8/10
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. | 46.68 | 50.47 | 3.26 | NO | 1 | 10 | 82 |
| AP.UN | TSE:AP.UN | Allied Properties REIT | 2.25 | 0.00 | 10.25 | YES | 1 | 10 | 82 |
| D.UN | TSE:D.UN | Dream Office REIT | 0.25 | 0.00 | 6.49 | NO | 1 | 10 | 82 |
| INO.UN | TSE:INO.UN | Inovalis REIT | 0.04 | 0.00 | 0.00 | NO | 1 | 10 | 82 |
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 8/10 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 47 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.