Allied Properties Real Estate Investment Trust Announces Closing of Acquisition, Conference Call to Discuss Second-Quarter Results and July Distribution

About this update from Allied Properties Real Estate Investment Trust

[{"type":"text","content":"\n\n\n\n\nTORONTO, July 17 /CNW/ - Allied Properties REIT (TSX:AP.UN) announced\ntoday that it has closed the previously announced acquisition of 400 Atlantic\nAvenue, a Class I office building in Montreal.\nThe REIT also announced that it will hold a conference call and live\naudio webcast at 10:00 a.m. (ET) on Thursday, August 10, 2006, to discuss\nfinancial results for the second quarter ended June 30, 2006. The results will\nbe released on Wednesday, August 9, 2006, after the markets close. Those\nwishing to participate in the conference call can do so by dialing 1 (800)\n796-7558. Those wishing to access the webcast can do so at www.ccnmatthews.com\nand www.alliedpropertiesreit.com. The webcast will be archived for 90 days.\nThe REIT also announced that its Trustees have declared a distribution of\n$0.10167 per unit for the month of July, 2006, representing $1.22 per unit on\nan annualized basis. The distribution will be payable on August 15, 2006, to\nunitholders of record as at July 31, 2006.\n\nAllied Properties REIT is a leading owner and manager of Class I office\nproperties in Canada, with portfolio assets in the urban areas of Montreal,\nToronto and Winnipeg. The objectives of the REIT are to provide stable and\ngrowing cash distributions to unitholders and to maximize unitholder value\nthrough effective management and accretive portfolio growth.\n\n\n\n","length":1436,"tagName":"div"}]

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