Allied Properties Real Estate Investment TrustTSX: AP.UN

Allied Properties REIT announces conference call to discuss third-quarter financial results

· Issued by Allied Properties Real Estate Investment Trust via CNW
TORONTO, Oct. 26 /CNW/ - Allied Properties REIT (TSX:AP.UN) today
announced that it will hold a conference call and live audio webcast at
10:00 a.m. (ET) on Wednesday, November 8, 2006, to discuss financial results
for the third quarter ended September 30, 2006. The results will be released
on Tuesday, November 7, 2006.
The conference call can be accessed by dialing 1 (866)250-4877 or (416)
644-3432. The webcast will be accessible at www.ccnmatthews.com and
www.alliedpropertiesreit.com and will be archived for 90 days.

Allied Properties REIT is a leading owner and manager of Class I office
properties in Canada, with portfolio assets in the urban areas of Montreal,
Quebec City, Toronto and Winnipeg. The objectives of the REIT are to provide
stable and growing cash distributions to unitholders and to maximize
unitholder value through effective management and accretive portfolio growth.