Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that the Trustees of Allied have declared a distribution of $0.1458 per unit for the month of January 2022, representing $1.75 per unit on an annualized basis. The distribution will be payable on February 15, 2022, to unitholders of record as at January 31, 2022.

Allied is a leading owner, manager and developer of (i) distinctive urban workspace in Canada’s major cities and (ii) network-dense urban data centres in Toronto that form Canada’s hub for global connectivity. Allied’s business is providing knowledge-based organizations with distinctive urban environments for creativity and connectivity.

FOR FURTHER INFORMATION, PLEASE CONTACT:Michael R. EmoryPresident and Chief Executive Officer(416) 977-9002memory@alliedreit.com

Cecilia C. WilliamsExecutive Vice President and Chief Financial Officer(416) 977-9002cwilliams@alliedreit.com

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