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Subject: v

Allied Announces October 2020 Distribution


TORONTO, Oct. 15, 2020 (GLOBE NEWSWIRE) -- Allied Properties REIT ("Allied") (TSX:AP.UN) announced today that the Trustees of Allied have declared a distribution of $0.1375 per unit for the month of October 2020, representing $1.65 per unit on an annualized basis. The distribution will be payable on November 16, 2020, to unitholders of record as at October 30, 2020.

Allied is a leading owner, manager and developer of (i) distinctive urban workspace in Canada's major cities and (ii) network-dense urban data centres in Toronto that form Canada's hub for global connectivity. Allied's business is providing knowledge-based organizations with distinctive urban environments for creativity and connectivity.

FOR FURTHER INFORMATION, PLEASE CONTACT:
Michael R. Emory
President and Chief Executive Officer
(416) 977-9002
[email protected]

Cecilia C. Williams
Executive Vice President and Chief Financial Officer
(416) 977-9002
[email protected]


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