Allied Properties Real Estate Investment Trust (TSE:AP.UN) Releases Earnings Results

Allied Properties Real Estate Investment Trust (TSE:AP.UN) posted its quarterly earnings data on Tuesday. The real estate investment trust reported C($7.93) earnings per share for the quarter, FiscalAI reports. The business had revenue of C$148.77 million during the quarter. Allied Properties Real Estate Investment Trust had a negative return on equity of 8.01% and a negative net margin of 89.93%.

Allied Properties Real Estate Investment Trust Trading Down 27.8%

AP.UN opened at C$10.14 on Thursday. The company has a quick ratio of 0.12, a current ratio of 0.45 and a debt-to-equity ratio of 71.71. The stock has a market cap of C$1.42 billion, a PE ratio of -2.47 and a beta of 1.65. The business has a 50 day moving average of C$13.63 and a 200-day moving average of C$16.22. Allied Properties Real Estate Investment Trust has a 52 week low of C$10.00 and a 52 week high of C$22.27.

Key Headlines Impacting Allied Properties Real Estate Investment Trust

Here are the key news stories impacting Allied Properties Real Estate Investment Trust this week:

• Positive Sentiment: Allied announced a plan to raise about C$500 million to pay down debt, which should reduce leverage and interest-cost risk on a balance sheet with high debt-to-equity (71.7%). That deleveraging intent can be credit-positive if completed and executed at reasonable terms. Allied Property REIT raising $500‑million to pay down debt
• Neutral Sentiment: The Canadian Investment Regulatory Organization (CIRO) placed AP.UN in a temporary trading halt while material disclosures were announced — a procedural pause that often precedes volatility when trading resumes. Canadian Investment Regulatory Organization Trading Halt – AP.UN
• Negative Sentiment: Q4 results were deeply negative: reported C($7.93) EPS and an 89.9% negative net margin on C$148.8M revenue — metrics that point to large one-time charges or valuation adjustments and materially weak earnings-per-unit. That poor earnings print undermines near-term investor confidence. Allied Q4 and full-year results press release
• Negative Sentiment: The announced equity financing (new unit/share issuance) to fund the C$500M raise is likely dilutive to existing unitholders and commonly exerts downward pressure on the unit price in the near term until the capital is deployed and debt reduction is visible. Allied Reports Q4 and Full-Year Results; Announces Leadership Update and Equity Financing
• Negative Sentiment: Leadership change: the founder/long-time leader is stepping down, increasing execution risk during a balance-sheet repair. Investors typically view senior-management turnover unfavorably absent a clear succession plan. Allied Property REIT raising $500‑million to pay down debt

Analyst Ratings Changes

A number of analysts have issued reports on the company. Desjardins decreased their target price on Allied Properties Real Estate Investment Trust from C$18.00 to C$15.50 and set a “sell” rating for the company in a research report on Friday, October 31st. Scotiabank decreased their target price on shares of Allied Properties Real Estate Investment Trust from C$18.00 to C$15.75 and set a “sector perform” rating on the stock in a report on Thursday, December 4th. Canaccord Genuity Group lowered their price target on Allied Properties Real Estate Investment Trust from C$22.00 to C$18.00 and set a “buy” rating on the stock in a report on Friday, October 31st. Royal Bank Of Canada lowered their price objective on shares of Allied Properties Real Estate Investment Trust from C$18.00 to C$16.00 and set a “sector perform” rating on the stock in a research report on Friday, October 31st. Finally, TD Securities dropped their target price on Allied Properties Real Estate Investment Trust from C$16.00 to C$14.50 and set a “hold” rating for the company in a research report on Friday, December 12th. One investment analyst has rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of C$15.28.

About Allied Properties Real Estate Investment Trust

Allied Properties Real Estate Investment Trust is a real estate investment trust engaged in the development, management, and ownership of primarily urban office environments across Canada’s major cities. Most of the total square footage in the company’s real estate portfolio is located in Toronto and Montreal. Allied Properties derives nearly all of its income in the form of rental revenue from tenants in its properties. The majority of this revenue comes from its assets located in Central Canada.