TORONTO, ONTARIO--(Marketwired - May 20, 2015) - Allied Properties REIT (TSX:AP.UN) announced today that the Trustees of the REIT have declared a distribution of $0.1216 per unit for the month of May, 2015, representing $1.46 per unit on an annualized basis. The distribution will be payable on June 15, 2015, to unitholders of record as at May 29, 2015. The REIT has 77,719,382 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 Real Estate Investment Trust
Michael R. Emory
President and Chief Executive Officer
(416) 977-9002
memory@alliedreit.com

Allied Properties Real Estate Investment Trust
Cecilia C. Williams
Vice President and Chief Financial Officer
(416) 977-9002
cwilliams@alliedreit.com