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Allied Properties REIT: Scotiabank Stock Forecast Update

Allied Properties REIT: Scotiabank Stock Forecast Update

Allied Properties REIT (AP-UN:CA) — Scotiabank maintained its Sector Perform rating with a C$9.00 price target. Allied reported second-quarter occupancy and leasing ahead of expectations, while its property disposition program continued to support debt reduction. Looking ahead, analysts will be watching whether leasing activity improves rental cash flow and offsets financing costs, with occupancy, asset-sale execution and distribution coverage shaping returns.

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