Allied Properties Q2 FY26 net loss widens to CAD 744.7 million; revenue falls 3.1% to CAD 140.51 million

• Allied Properties posted an IFRS net loss of CAD 744.7 million, widening sharply from a year earlier, on a CAD 759 million fair value loss.
• IFRS operating income fell 12.7% to CAD 69.8 million as rental revenue slipped to CAD 140.5 million.
• Non-GAAP FFO per unit (diluted) dropped 51.3% to CAD 0.241; non-GAAP AFFO per unit (diluted) sank 62.7% to CAD 0.170.
• Leased area edged down 0.5 percentage points to 86.7%, while occupied area dipped 0.5 percentage points to 84.4%.
• Management cut its 2026 same-asset NOI outlook to a decline of 8.0%-9.0%, citing higher decapitalized expenses tied to development completion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Allied Properties Real Estate Investment Trust published the original content used to generate this news brief on July 28, 2026, and is solely responsible for the information contained therein.