Allied Properties Real Estate Investment Trust

Allied Properties Real Estate Investment Trust

February 24, 2005 08:00 ET

Allied Properties REIT Announces Conference Call to Discuss Fourth Quarter Results for Fiscal 2004


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST

TSX SYMBOL: AP.UN

FEBRUARY 24, 2005 - 08:00 ET

Allied Properties REIT Announces Conference Call to
Discuss Fourth Quarter Results for Fiscal 2004

TORONTO, ONTARIO--(CCNMatthews - Feb. 24, 2005) - Allied Properties REIT
(TSX:AP.UN) announced today it will hold a conference call and live
audio webcast at 10 a.m. (ET) on Thursday, March 10, 2005, to discuss
fourth quarter and year end results for fiscal 2004. The results will be
disseminated via press release on Wednesday, March 9, 2005.

The call can be accessed by dialing 800-814-4861 or 416-640-4127. The
webcast will be accessible at www.ccnmatthews.com or at
www.alliedpropertiesreit.com and will be archived for 90 days.

Allied Properties REIT owns a portfolio of predominately Class I office
properties in downtown Toronto and downtown Montreal. The objectives of
the REIT are to provide stable and growing cash distributions to its
unitholders and to maximize unitholder value through the effective
management and accretive growth of its portfolio.

-30-

Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Allied Properties Real Estate Investment Trust
    Michael R. Emory
    President and Chief Executive Officer
    (416) 977-9002
    memory@alliedpropertiesreit.com