Allied Properties REIT cutting its monthly distributions to six cents per unit

TORONTO — Allied Properties Real Estate Investment Trust says it is cutting its monthly distributions to unitholders as it continues its plan to sell non-core assets.

The trust says it will now pay a monthly distribution of six cents per unit.

The payment is down from a monthly distribution of 15 cents per unit.

Allied says it made progress in 2024 and 2025 in reducing its debt through the sale of non-core assets.

It says the sale process will continue in 2026.

Allied units were up seven cents at $13.07 in early trading on the Toronto Stock Exchange.

This report by The Canadian Press was first published Dec. 1, 2025.