Allied Properties Real Estate Investment Trust
TSX : AP.UN

Allied Properties Real Estate Investment Trust

June 19, 2008 10:36 ET

Allied Properties Real Estate Investment Trust Announces June Distribution

TORONTO, ONTARIO--(Marketwire - June 19, 2008) - 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 June, 2008, representing $1.32 per unit on an annualized basis. The distribution will be payable on July 15, 2008, to unitholders of record as at June 30, 2008. The REIT has 28,179,515 units issued and outstanding.

Allied Properties REIT is the leading owner and manager of Class I office properties in Canada, with portfolio assets in the urban areas of Toronto, Montreal, Winnipeg, Quebec City and Kitchener. The objectives of the REIT 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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