TSX:AP.UNOffice REITs
Does Allied Properties REIT’s Large Buyback Plan Reframe the Bull Case for (TSX:AP.UN)?
In February 2026, Allied Properties Real Estate Investment Trust announced a normal course issuer bid to repurchase up to 18,215,302 units, or 9.90% of its roughly 183,955,983 outstanding units, with the plan set to expire by February 25, 2027 unless completed earlier.
This sizeable buyback authorization, with repurchased units either cancelled or used for employee programs, signals management’s commitment to capital return and internal alignment.
Next, we’ll examine how this sizeable...