Allied Properties Real Estate Investment Trust (TSX:AP.UN)
9.60
-0.07 (-0.72%)
May 15, 2026, 4:00 PM EST
Revenue
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | Dec '18 Dec 31, 2018 | Dec '17 Dec 31, 2017 | Dec '16 Dec 31, 2016 | Dec '15 Dec 31, 2015 | Dec '14 Dec 31, 2014 | Dec '13 Dec 31, 2013 | Dec '12 Dec 31, 2012 |
Montréal & Ottawa Rental Revenue | 198.62M | 199.47M | 214.63M | ||||||||||||
Montréal & Ottawa Rental Revenue Growth | -0.43% | -7.06% | -2.81% | ||||||||||||
Toronto & Kitchener Rental Revenue | 291.73M | 294.54M | 285.19M | ||||||||||||
Toronto & Kitchener Rental Revenue Growth | -0.95% | 3.28% | 10.15% | ||||||||||||
Calgary & Edmonton Rental Revenue | 29.39M | 31.86M | 38.55M | ||||||||||||
Calgary & Edmonton Rental Revenue Growth | -7.74% | -17.35% | -7.00% | ||||||||||||
Vancouver Rental Revenue | 65.94M | 66.52M | 61.39M | ||||||||||||
Vancouver Rental Revenue Growth | -0.87% | 8.34% | 19.81% | ||||||||||||
Total Calgary, Edmonton, & Vancouver Rental Revenue | 95.33M | 98.38M | 99.94M | ||||||||||||
Total Calgary, Edmonton, & Vancouver Rental Revenue Growth | -3.09% | -1.57% | 7.82% | ||||||||||||
Joint Venture Rental Revenue | - | - | -7.72M | ||||||||||||
Revenue (Total) | 585.67M | 592.38M | 592.04M | ||||||||||||
Revenue (Total) Growth | -1.13% | 0.06% | 4.98% |
EBITDA
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | Dec '18 Dec 31, 2018 | Dec '17 Dec 31, 2017 | Dec '16 Dec 31, 2016 | Dec '15 Dec 31, 2015 | Dec '14 Dec 31, 2014 | Dec '13 Dec 31, 2013 | Dec '12 Dec 31, 2012 |
Montréal & Ottawa Operating Income | 93.61M | 95.31M | 103.35M | ||||||||||||
Montréal & Ottawa Operating Income Growth | -1.79% | -7.79% | -4.53% | ||||||||||||
Toronto & Kitchener Operating Income | 156.75M | 164.50M | 171.52M | ||||||||||||
Toronto & Kitchener Operating Income Growth | -4.71% | -4.09% | 6.57% | ||||||||||||
Calgary & Edmonton Operating Income | 12.00M | 13.71M | 16.04M | ||||||||||||
Calgary & Edmonton Operating Income Growth | -12.53% | -14.47% | -15.73% | ||||||||||||
Vancouver Operating Income | 42.99M | 43.44M | 40.04M | ||||||||||||
Vancouver Operating Income Growth | -1.05% | 8.49% | 21.96% | ||||||||||||
Total Calgary, Edmonton, & Vancouver Operating Income | 54.98M | 57.16M | 56.08M | ||||||||||||
Total Calgary, Edmonton, & Vancouver Operating Income Growth | -3.81% | 1.92% | 8.13% | ||||||||||||
Joint Venture Operating Income | - | - | -2.48M | ||||||||||||
Operating Income (Total) | 305.34M | 316.96M | 328.47M | ||||||||||||
Operating Income (Total) Growth | -3.67% | -3.50% | 3.61% |
Adjusted EBITDA
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | Dec '18 Dec 31, 2018 | Dec '17 Dec 31, 2017 | Dec '16 Dec 31, 2016 | Dec '15 Dec 31, 2015 | Dec '14 Dec 31, 2014 | Dec '13 Dec 31, 2013 | Dec '12 Dec 31, 2012 |
Montréal & Ottawa Net Operating Income | 110.58M | 113.14M | 117.23M | ||||||||||||
Montréal & Ottawa Net Operating Income Growth | -2.26% | -3.48% | -2.83% | ||||||||||||
Toronto & Kitchener Net Operating Income | 170.99M | 179.06M | 184.40M | ||||||||||||
Toronto & Kitchener Net Operating Income Growth | -4.51% | -2.90% | 9.72% | ||||||||||||
Calgary & Edmonton Net Operating Income | 14.15M | 15.83M | 18.55M | ||||||||||||
Calgary & Edmonton Net Operating Income Growth | -10.59% | -14.66% | -15.83% | ||||||||||||
Vancouver Net Operating Income | 42.35M | 43.29M | 40.93M | ||||||||||||
Vancouver Net Operating Income Growth | -2.16% | 5.77% | 23.91% | ||||||||||||
Total Calgary, Edmonton, & Vancouver Net Operating Income | 56.51M | 59.12M | 59.48M | ||||||||||||
Total Calgary, Edmonton, & Vancouver Net Operating Income Growth | -4.42% | -0.60% | 8.00% | ||||||||||||
Operating Income (Other) | -89.24M | -93.47M | -92.11M | ||||||||||||
Operating Income (Total) | 305.34M | 316.96M | 328.47M | ||||||||||||
Operating Income (Total) Growth | -3.67% | -3.50% | 3.61% |
Adjusted EBITDA 2
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | Dec '18 Dec 31, 2018 | Dec '17 Dec 31, 2017 | Dec '16 Dec 31, 2016 | Dec '15 Dec 31, 2015 | Dec '14 Dec 31, 2014 | Dec '13 Dec 31, 2013 | Dec '12 Dec 31, 2012 |
Office Net Operating Income | 271.74M | 283.73M | 294.15M | ||||||||||||
Office Net Operating Income Growth | -4.22% | -3.54% | 3.62% | ||||||||||||
Retail Net Operating Income | 44.70M | 45.54M | 43.97M | ||||||||||||
Retail Net Operating Income Growth | -1.85% | 3.58% | 13.10% | ||||||||||||
Parking Net Operating Income | 21.63M | 22.05M | 22.99M | ||||||||||||
Parking Net Operating Income Growth | -1.88% | -4.08% | 9.36% | ||||||||||||
Operating Income (Total) | 305.34M | 316.96M | 328.47M | ||||||||||||
Operating Income (Total) Growth | -3.67% | -3.50% | 3.61% |
Key Performance Indicators
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | Dec '18 Dec 31, 2018 | Dec '17 Dec 31, 2017 | Dec '16 Dec 31, 2016 | Dec '15 Dec 31, 2015 | Dec '14 Dec 31, 2014 | Dec '13 Dec 31, 2013 | Dec '12 Dec 31, 2012 |
Same Asset Net Operating Income - Rental Portfolio | - | 303.61M | 307.36M | ||||||||||||
Same Asset Net Operating Income - Rental Portfolio Growth | - | -1.22% | 5.50% | ||||||||||||
Same Asset Net Operating Income - Total Portfolio | - | 316.95M | 320.69M | ||||||||||||
Same Asset Net Operating Income - Total Portfolio Growth | - | -1.17% | -0.25% | ||||||||||||
Investment Properties | 7.99B | 8.44B | 9.45B | ||||||||||||
Investment Properties Growth | -5.33% | -10.64% | 0.65% | ||||||||||||
Unencumbered Investment Properties | 7.18B | 7.51B | 7.82B | ||||||||||||
Unencumbered Investment Properties Growth | -4.33% | -3.93% | -10.73% | ||||||||||||
Office GLA (Square Feet) | 13.47M | 13.15M | 13.01M | ||||||||||||
Office GLA (Square Feet) Growth | 2.44% | 1.06% | -4.32% | ||||||||||||
Retail GLA (Square Feet) | 1.36M | 1.35M | 1.30M | ||||||||||||
Retail GLA (Square Feet) Growth | 0.73% | 3.46% | -3.63% | ||||||||||||
Total Rental Portfolio GLA (Square Feet) | 14.83M | 14.50M | 14.32M | ||||||||||||
Total Rental Portfolio GLA (Square Feet) Growth | 2.28% | 1.28% | -4.26% | ||||||||||||
Leased Rental Portfolio GLA (Square Feet) | 12.91M | 12.67M | 12.48M | ||||||||||||
Leased Rental Portfolio GLA (Square Feet) Growth | 1.92% | 1.54% | -4.36% | ||||||||||||
Leased Area | 87.10% | 87.40% | 87.20% | ||||||||||||
Occupied Area | 85.90% | 85.30% | 85.90% | ||||||||||||
Average In-Place Net Rent Per Occupied Square Foot | 25.49 | 25.23 | 25.41 | ||||||||||||
Average In-Place Net Rent Per Occupied Square Foot Growth | 1.03% | -0.71% | 5.44% | ||||||||||||
Retention Rate | - | 69.40% | 69.30% | ||||||||||||
Rent Increase on Renewal | - | 0.50% | 1.90% | ||||||||||||
Total Indebtedness Ratio | 45.90% | 50.70% | 41.70% | ||||||||||||
Funds From Operations (FFO) | 238.65M | 264.28M | 303.28M | ||||||||||||
Funds From Operations (FFO) Growth | -9.70% | -12.86% | -8.81% | ||||||||||||
Funds From Operations (FFO) per Unit | - | 1.89 | 2.17 | ||||||||||||
Funds From Operations (FFO) per Unit Growth | - | -12.86% | -8.82% | ||||||||||||
Funds From Operations (FFO) Pay-Out Ratio | - | 90.40% | 83.00% | ||||||||||||
Adjusted Funds From Operations (AFFO) | 208.65M | 239.82M | 272.91M | ||||||||||||
Adjusted Funds From Operations (AFFO) Growth | -13.00% | -12.12% | -10.28% | ||||||||||||
Adjusted Funds From Operations (AFFO) per Unit | - | 1.72 | 1.95 | ||||||||||||
Adjusted Funds From Operations (AFFO) per Unit Growth | - | -12.13% | -10.25% | ||||||||||||
Adjusted Funds From Operations (AFFO) Pay-Out Ratio | - | 99.70% | 92.20% | ||||||||||||
Funds From Operations (FFO) (excl. Condominium-Related Items) | 241.40M | 265.03M | 303.81M | ||||||||||||
Funds From Operations (FFO) (excl. Condominium-Related Items) Growth | -8.91% | -12.77% | -8.66% | ||||||||||||
Funds From Operations (FFO) per Unit (excl. Condominium-Related Items) | 1.67 | 1.90 | 2.17 | ||||||||||||
Funds From Operations (FFO) per Unit (excl. Condominium-Related Items) Growth | -11.76% | -12.79% | -8.65% | ||||||||||||
Funds From Operations (FFO) Pay-Out Ratio (excl. Condominium-Related Items) | - | 90.20% | 82.80% | ||||||||||||
Adjusted Funds From Operations (AFFO) (excl. Condominium-Related Items) | 211.40M | 240.57M | 273.43M | ||||||||||||
Adjusted Funds From Operations (AFFO) (excl. Condominium-Related Items) Growth | -12.13% | -12.02% | -10.12% | ||||||||||||
Adjusted Funds From Operations (AFFO) per Unit (excl. Condominium-Related Items) | 1.47 | 1.72 | 1.96 | ||||||||||||
Adjusted Funds From Operations (AFFO) per Unit (excl. Condominium-Related Items) Growth | -14.41% | -12.01% | -10.15% | ||||||||||||
Adjusted Funds From Operations (AFFO) Pay-Out Ratio (excl. Condominium-Related Items) | - | 99.30% | 92.00% |
Updated Apr 29, 2026. Data Source: Fiscal.ai.