Revenue’s up 30.4% at Allied Properties REIT

Revenue’s up 30.4% at Allied Properties REIT

Allied has grown steadily by acquisition, and in 2019 it spent $536 million on properties.

That includes new assets in Montreal, which led to a 6.0% jump in cash flow for the REIT in the most-recent quarter.

How Successful Investors Get RICH

Learn everything you need to know in 'The Canadian Guide on How to Invest in Stocks Successfully' for FREE from The Successful Investor.
How to Invest In Stocks Guide: Find 10 factors that make your investments safer and stronger.


Q: Hi, Pat. I really enjoy your Inner Circle emails. I was hoping to get your opinion on NorthWest Health Properties REIT (NWH-UN). Thanks!

A: NorthWest Healthcare Properties REIT, $9.73, symbol NWH.UN on Toronto (Units outstanding: 160.1 million; Market cap: $1.7 billion;, owns and operates a portfolio of medical office buildings (50%) as well as hospital and healthcare facilities (50%). The REIT’s units began trading in March 2010… Read More

Q: Hi, Pat. Thank you for your wealth of investment knowledge over the years it has helped my family build a good financial foundation for the present and future. Please, tell us more about Real Matters Inc. (REAL) on Toronto. Look forward to your reply. Thanks.

A: Real Matters Inc., $11.85, symbol REAL on Toronto (Shares outstanding: 84.9 million; Market cap: $957.7 million;, provides technology and network management solutions to the mortgage lending and insurance industries in Canada and the U.S. The company is based in Markham, Ontario. Its clients… Read More