TSX:AP.UNOffice REITs
Allied Properties REIT (TSX:AP.UN): Examining Valuation After Major Office Leasing Win at The Well
Allied Properties Real Estate Investment Trust (TSX:AP.UN) just announced a major office leasing deal at The Well in Toronto, securing over 124,000 square feet and reducing sublease availability to 10%. This move highlights demand for quality downtown workspace.
See our latest analysis for Allied Properties Real Estate Investment Trust.
The latest leasing win provides Allied a bright spot, but momentum has been challenging. Despite strong downtown demand, the share price has seen a 31% slide...