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Subject: v

Allied Announces July 2023 Distribution


TORONTO, July 17, 2023 (GLOBE NEWSWIRE) -- Allied Properties REIT ("Allied") (TSX:AP.UN) announced today that the Trustees of Allied have declared a distribution of $0.15 per unit for the month of July 2023, representing $1.80 per unit on an annualized basis. The distribution will be payable on August 15, 2023, to unitholders of record as at July 31, 2023.

About Allied

Allied is a leading owner-operator of distinctive urban workspace in Canada's major cities. Allied's mission is to provide knowledge-based organizations with workspace that is sustainable and conducive to human wellness, creativity, connectivity and diversity. Allied's vision is to make a continuous contribution to cities and culture that elevates and inspires the humanity in all people.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Cecilia C. Williams, President and Chief Executive Officer
(416) 977-9002
[email protected]

Nanthini Mahalingam, Senior Vice President and Chief Financial Officer
(416) 977-9002
[email protected]



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