WATCH
Pays an attractive yield over 6%. They primarily hold office RE, which is slowly improving. They target 90% occupancy by end-2022. She's watching this, because it has fallen a lot, but the overhang is how much workers return to the office or stay at home. Is watching this as rates rise, which is a headwind. She herself is back at her office (and is appearing on the show in studio for the first time in years).w
investment companies / funds

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BUY
Pays over a 6% dividend which offers defence in this quarter.
investment companies / funds
DON'T BUY
Focused on office space in Canada. Challenging sector with Covid-19 and shift in work preferences. Trading at wide discount to net asset value. Steering clear of office space (not sure on future of demand). Stuck at 45% utilization rate in office space. Company does have good buildings (if alternative uses are found).
investment companies / funds
DON'T BUY
Discount to NAV, rare. Whole sector is on sale. Beautiful properties, great managers. Still dealing with hybrid work model. Won't be a lot of office space expansion. Favours apartments and industrial.
investment companies / funds
PAST TOP PICK
(A Top Pick Sep 13/21, Down 17%) Quite a few workers are refusing to come back full time to the office which is problematic for this type of stock. It is still a good company and is at a good valuation. Eventually the feeling of not returning to the office will fade, but in light of the continuing pandemic it will take time for feelings to change.
investment companies / funds
PAST TOP PICK
(A Top Pick Apr 08/21, Down 4%) Very specific and good at what they do. Unique assets that tie in to smaller businesses like tech firms. Management's one of the best. "The Well" is leased up completely, and will add to earnings.
investment companies / funds
HOLD
Clean structure, and clear what management is trying to accomplish.
investment companies / funds
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Dec 24/20, Up 9.9%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with AP.UN has triggered its stop at $41.50. To remain disciplined, we recommend covering the position at this time. We will look for better opportunities.
investment companies / funds
premium

It’s a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Dec 24/20, Up 16%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with AP.UN is progressing well. We recommend trailing up the stop (from $33.00) to $41.50 at this time.
investment companies / funds
DON'T BUY
It has many positive attributes: Strong management, great business model and a niche business model. Their tenant usage is a smaller model. They are well positioned. They can't fight the tide. It is a difficult operating market. There are high vacancies there and they have to be competitive in signing new leases. He would not own it today.
investment companies / funds
BUY
AP.UN is pricey, but the growth is really there.
investment companies / funds
TOP PICK
Concerns in office spaces are overblown. A massive pullback in this sector are overdone. he likes their 4% dividend and valuation. 2022 will likely see the end of Covid and he expects more people to return to the office, hence demand in this sector. He himself is working at his office. (Analysts’ price target is $50.25)
investment companies / funds
PAST TOP PICK
(A Top Pick Apr 08/21, Up 3%) Best operator out there. Seem to be going quite well. Leasing at higher prices. Their space is designed for the small business owner. We're heading to a hybrid model of home/office work.
investment companies / funds
TOP PICK
A recovery story. Best in class, best assets. Theme of stay at home will wane. There's a more hybrid solution, and its stable of smaller tech and healthcare tenants will benefit. Trades at a 15% discount to NAV. Yield is 4.04%. (Analysts’ price target is $45.23)
investment companies / funds
DON'T BUY
Office outlook and work from home? It's tough to predict the future. AP is a great operator of office buildings. They convert brick and beam buildings to cool office spaces. West of the Toronto downtown core, vacancies have risen to 15.8%, almost double the core of 8.3%. This is a headwind. To fill office space, you must give incentives. What percent of the workforce will return to the office? Some will, some won't. Short term there will be choppiness and challenges, but AP is good operator. He would buy this if shares were far lower, but this REIT is fairly valued now.
investment companies / funds
Showing 1 to 15 of 156 entries

Allied Properties REIT(AP.UN-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 3

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 6

Stockchase rating for Allied Properties REIT is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Allied Properties REIT(AP.UN-T) Frequently Asked Questions

What is Allied Properties REIT stock symbol?

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

Is Allied Properties REIT a buy or a sell?

In the last year, 6 stock analysts published opinions about AP.UN-T. 3 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Allied Properties REIT.

Is Allied Properties REIT a good investment or a top pick?

Allied Properties REIT was recommended as a Top Pick by on . Read the latest stock experts ratings for Allied Properties REIT.

Why is Allied Properties REIT stock dropping?

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.

Is Allied Properties REIT worth watching?

6 stock analysts on Stockchase covered Allied Properties REIT In the last year. It is a trending stock that is worth watching.

What is Allied Properties REIT stock price?

On 2022-12-08, Allied Properties REIT (AP.UN-T) stock closed at a price of $27.03.