Option-related selling at Allied Properties REIT (AP)

Option-related selling at Allied Properties REIT (T:AP)

Thomas Gerard Burns, a Senior Officer, disposed of 85,470 Units on a direct ownership basis at a price of $58.336 on February 13th, 2020. This represents a $4,985,952 divestment of the company's shares and an account share holdings change of -57.4%.

Allied Properties REIT is in the Commercial REITs Sub Industry Group under the Financials Sector.

Allied Properties Real Estate Investment Trust (Allied) is a closed-end real estate investment trust (REIT). The Trust is an owner, manager and developer of urban office properties. The Trust operates in seven urban markets in Canada: Toronto, Kitchener, Ottawa, Montreal, Calgary, Edmonton and Vancouver. The Trust may invest in interests in income producing office, retail and residential properties and Properties Under Development in Canada. The Trust specializes in an office format created through the adaptive re-use of light industrial structures in urban areas that has come to be known as Class I. Its properties include 32 Atlantic, 47 Jefferson, 64 Jefferson, 905 King W, The Castle, 141 Bathurst, 420 Wellington W, 468 King W, The Well, 193 Yonge and Dominion Square. Its tenant base includes companies from various sectors, including business service and professional, telecommunications and information technology, and educational and institutional.