Source: Allied Properties REIT

Allied Properties Real Estate Investment Trust Announces December Distribution

TORONTO, ONTARIO--(Marketwire - Dec. 19, 2012) - Allied Properties REIT (TSX:AP.UN) announced today that the Trustees of the REIT have declared a distribution of $0.1133 per unit for the month of December, 2012, representing $1.36 per unit on an annualized basis. The distribution will be payable on January 15, 2013, to unitholders of record as at December 31, 2012. The REIT has 64,090,341 units issued and outstanding.

Allied Properties REIT is a leading owner, manager and developer of urban office environments that enrich experience and enhance profitability for business tenants operating in Canada's major cities. Its objectives are to provide stable and growing cash distributions to unitholders and to maximize unitholder value through effective management and accretive portfolio growth.

Contact Information:

Allied Properties REIT
Michael R. Emory
President and Chief Executive Officer
(416) 977-9002