AP_U Allied Properties Real Estate Investment Trust

Allied Releases Environmental, Social and Governance Report

Allied Releases Environmental, Social and Governance Report

TORONTO, June 10, 2024 (GLOBE NEWSWIRE) -- Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) today announced that it has published its 2023 Environmental, Social and Governance (ESG) Report. Allied’s 2023 environmental performance improved from 2022 and continued to exceed its 2024 reduction targets for Energy Use Intensity (EUI), Greenhouse Gas Intensity (GHGI) and Water Use Intensity (WUI). To advance operational performance and achieve its 2028 certification target, Allied increased the percentage of its portfolio certified to LEED and/or BOMA BEST from 27% in 2022 to 41% in 2023.

In 2023, Allied improved its User Experience Assessment scores in all rating areas and increased its Net Promoter Score by 47% from 2022. Allied advanced its commitment to Equity, Diversity and Inclusion (EDI) by completing its inaugural EDI Roadmap. Feedback from Allied’s User Experience Assessment indicated that 91% of building users are satisfied with its commitment to EDI. Allied was also recognized as a Canadian “Best Employer” in 2023.

Allied’s 2023 ESG Report is aligned with (i) the Global Reporting Initiative (GRI) 2021 Universal Standards, (ii) the Sustainability Accounting Standards Board (SASB) Real Estate Standard, (iii) the Task Force on Climate-related Financial Disclosures (TCFD) recommendations and (iv) the United Nations Sustainable Development Goals. Allied’s Board and Management are committed to making its inherent approach to ESG more manifest, deliberate and measurable. They have always believed that submitting to informed scrutiny will make Allied a better business, and formally submitting to ESG scrutiny is no exception in this regard. Read Allied’s 2023 ESG Report at .

ABOUT ALLIED

Allied is a leading owner-operator of distinctive urban workspace in Canada’s major cities. Allied’s mission is to provide knowledge-based organizations with workspace that is sustainable and conducive to human wellness, creativity, connectivity and diversity. Allied’s vision is to make a continuous contribution to cities and culture that elevates and inspires the humanity in all people.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Cecilia Williams

President & Chief Executive Officer

(416) 977-9002

Nanthini Mahalingam

Senior Vice President & Chief Financial Officer

(416) 977-9002



EN
10/06/2024

Underlying

AP_UAllied Properties Real Estate Investment Trust

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Allied Properties Real Estate Investment Trust

 PRESS RELEASE
Free
AP_U Allied Properti...

Allied Completes $250 Million Offering of Series J Senior Unsecured De...

Allied Completes $250 Million Offering of Series J Senior Unsecured Debentures NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA TORONTO, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) announced today that it has completed its previously announced offering, on a private placement basis in certain provinces of Canada (the “Offering”), of $250 million aggregate principal amount of series J senior unsecured debentures of Allied bearing interest at a rate of 5.534% per annum and matu...

September 26, 2024 1 EN
 PRESS RELEASE
Free
AP_U Allied Properti...

Allied Announces Offering of Series J Senior Unsecured Debentures

Allied Announces Offering of Series J Senior Unsecured Debentures NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA TORONTO, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) announced today that it has agreed to offer, on a private placement basis in each of the provinces and territories of Canada (the “Offering”), $250 million aggregate principal amount of series J senior unsecured debentures that will bear interest at a rate of 5.534% per annum and will mature on September 26, 2028...

September 24, 2024 1 EN
 PRESS RELEASE
Free
AP_U Allied Properti...

Allied Announces September 2024 Distribution

Allied Announces September 2024 Distribution TORONTO, Sept. 16, 2024 (GLOBE NEWSWIRE) -- Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that the Trustees of Allied have declared a distribution of $0.15 per unit for the month of September 2024, representing $1.80 per unit on an annualized basis. The distribution will be payable on October 15, 2024, to unitholders of record as at September 30, 2024. About Allied Allied is a leading owner-operator of distinctive urban workspace in Canada’s major cities. Allied’s mission is to provide knowledge-based organizations with worksp...

September 16, 2024 1 EN
 PRESS RELEASE
Free
AP_U Allied Properti...

Allied Announces August 2024 Distribution

Allied Announces August 2024 Distribution TORONTO, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that the Trustees of Allied have declared a distribution of $0.15 per unit for the month of August 2024, representing $1.80 per unit on an annualized basis. The distribution will be payable on September 16, 2024, to unitholders of record as at August 30, 2024. About Allied Allied is a leading owner-operator of distinctive urban workspace in Canada’s major cities. Allied’s mission is to provide knowledge-based organizations with workspace ...

August 15, 2024 1 EN
 PRESS RELEASE
Free
AP_U Allied Properti...

Allied Announces Second-Quarter Results

Allied Announces Second-Quarter Results TORONTO, July 30, 2024 (GLOBE NEWSWIRE) -- Allied Properties Real Estate Investment Trust ("Allied") (TSX: "AP.UN") today announced results for the three months ended June 30, 2024. “Our occupied and leased area remained steady in the second quarter, and our urban office portfolio continued to outperform the market,” said Cecilia Williams, President & CEO. “With utilization and demand clearly rising in Montréal, Toronto, Calgary and Vancouver, we expect our occupied and leased area to reach a point of positive inflection by the end of the year.” ...

July 30, 2024 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch