Allied Properties: Future Is Still Uncertain
APAmpco-Pittsburgh(AP) Seeking Alpha·2024-01-11 12:39
ExperienceInteriorsIntroduction We last covered Allied Properties REIT (TSX:AP.UN:CA) (OTC:APYRF) back in August 2020. It was during the midst of the pandemic and at that time we pointed out that Allied Properties had a strong balance sheet and its dividend was sustainable. It has been about 3.5 years since we last covered this stock, it is time for us to analyze the company again and provide our thoughts and recommendations. Investment Thesis Allied Properties invests in office properties in major citi ...