Allied Properties REIT Reports Lower Q3 Adjusted Funds from Operations, Cuts Monthly Distribution

MT newswire2026/10/29 11:11

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

07:11 AM EDT, 10/29/2026 (MT Newswires) -- Allied Properties Real Estate Investment Trust (AP-UN.TO) on Wednesday reported Q3 adjusted funds from operations of CA$20.0 million, or CA$0.102 per unit, a decrease from CA$59.1 million, or CA$0.423 per share, a year ago. Analysts polled by FactSet expected CA$0.17. Rental revenue was CA$138.1 million, down from CA$147.9 million a year ago. Analysts expected CA$135.0 million, with three analysts reporting. Allied's board of trustees reduced the monthly distribution by 90% to CA$0.006 per unit per month, or CA$0.072 per unit on an annualized basis, starting in November.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

The White House has canceled the previously scheduled President’s Council of Advisors on Science and Technology meeting, which was set for Friday and includes prominent tech leaders such as Nvidia CEO Jensen Huang and Meta CEO Mark Zuckerberg. The Department of Energy's meeting page briefly listed November 13 as the new meeting date, but the agency later sent an email retracting this information. Currently, the specific date for rescheduling the meeting remains unclear.

华尔街见闻•2026/11/06 23:26