It has great assets in Toronto and its stores are boutique style so demand will decline between 10 to 15% in a recession. It wants to raise capital by putting the data centre portfolio on the market. Will go to future development and reduce debt. It is in a bit of a difficult spot so wait and see.
Allied Properties REIT is a Canadian stock, trading under the symbol AP.UN-T on the Toronto Stock Exchange (AP.UN-CT). It is usually referred to as TSX:AP.UN or AP.UN-T
In the last year, 6 stock analysts published opinions about AP.UN-T. 3 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Allied Properties REIT.
Allied Properties REIT was recommended as a Top Pick by on . Read the latest stock experts ratings for Allied Properties REIT.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
6 stock analysts on Stockchase covered Allied Properties REIT In the last year. It is a trending stock that is worth watching.
On 2023-03-23, Allied Properties REIT (AP.UN-T) stock closed at a price of $24.12.
Way off from highs. Covid has changed how and where we work. What is your conviction level that office occupancy will revert to the pre-Covid mean? What's the timeline for that? He doesn't have the answers. It's in the "too hard" pile. If looking for a similar yield, try BCE.