Allied Properties Real Estate Investment Trust

Allied Properties Real Estate Investment Trust

April 19, 2010 10:42 ET

Allied Properties Real Estate Investment Trust Announces April Distribution

TORONTO, ONTARIO--(Marketwire - April 19, 2010) - Allied Properties REIT (TSX:AP.UN) announced today that the Trustees of the REIT have declared a distribution of $0.11 per unit for the month of April, 2010, representing $1.32 per unit on an annualized basis. The distribution will be payable on May 17, 2010, to unitholders of record as at April 30, 2010. The REIT has 39,108,180 units issued and outstanding.

Allied Properties REIT is a leading owner, manager and developer of urban office environments that enrich experience and enhance profitability for business tenants operating from Toronto, Montréal, Winnipeg, Québec City and Kitchener-Waterloo. Its objectives are to provide stable and growing cash distributions to unitholders and to maximize unitholder value through effective management and accretive portfolio growth.

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