December 17, 2017 - BRE
New! Brookfield Real Estate Services Inc. Q3-2017 Earnings Update .....
December 15, 2017 - RCI.B
New! Rogers Communications Inc. Q3-2017 Earnings and Price Target .....
December 14, 2017 - SJR.B
Shaw Communications Inc. 2017 Earnings & Price Target .....
December 13, 2017 - BCE
BCE - Q3-2017 Earnings, Price Target Update .....
December 12, 2017 - T
Telus Corp. Q3-2017 Earnings & Price Target Update .....
December 10, 2017 - KEG.UN
The Keg Royalties Income Fund - Q3-2017 Earnings .....
December 9, 2017 - MKP
MCAN Mortgage Corp. Q3-2017 Earnings & Price Target Update .....
December 7, 2017 - AI
Atrium Mortgage Investment Corp. Q3-2017 Earnings .....
Recommendation Changes
SJR.B, FN, KEY, MRT.UN, SRU.UN, more...

Allied Properties REIT - Price Target Update

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Allied Properties REIT is a leading owner, manager and developer of urban office real estate created by renovating light industrial structures, referred to as Class I space. Class I are typically older brick structures located around the downtown core in districts that are revitalized as downtown space becomes more costly. The Class I buildings provide value due to proximity to central business districts in areas well served by public transportation, distinctive internal and external environments that assist tenants in attracting, retaining and motivating employees, significantly lower overall occupancy costs than those that prevail in the central business districts. The tenant base is well diversified including a full range of service and professional firms, telecommunications and information technology providers, media and film groups and storefront retailers.

Allied completed its initial public offering in Feb-2003, at which time it had assets of $120M, and a local, urban-office portfolio of 820,000 sq. ft of GLA. As of Jun-30-2017Allied had assets of $5.5B, and rental properties with 11.8M sq. ft. in nine cities across Canada. There is another 11.4M sq. ft. of long development potential. Revenues are comprised of 90% office space and 10% retail. Urban markets include Québec City, Montréal, Ottawa, Toronto, Kitchener, Winnipeg, Calgary, Edmonton, Vancouver and Victoria. Revenue is reported by eastern, central and western Canada. By revenues 37% of properties are located in urban Toronto, 48% in urban Montreal, 10% in Calgary and Edmonton with the balance in Kitchener, Ottawa, Winnipeg, Vancouver and Quebec City.

Since their investment and development activities in the Class I properties have a displacing impact on members of the artistic community, space is provided to artistic uses on an affordable basis as part of their Make Room for the Arts program.

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New Issues & Acquisition
December 15, 2017
New! Coverage Universe - Weekly Price Changes Dec 8-15, 2017
December 8, 2017
Coverage Universe- Weekly Price Changes Dec 1-8, 2017
December 6, 2017
AG Growth International - New Convertible Debenture
December 6, 2017
Kinder Morgan Canada Inc. 5.2% Rate Reset Preferred Share New Issue
December 5, 2017
Fiera Capital Corp. - New Convertible Debenture
December 4, 2017
Melcor REIT - New Convertible Debenture
December 4, 2017
Enbridge Rate Reset, Minimum Guarantee New Issue
December 1, 2017
Coverage Universe - Weekly Price Changes Nov 24-Dec 1, 2017