TORONTO, Feb. 20, 2019 (GLOBE NEWSWIRE) — Allied Properties REIT (TSX:AP.UN)(“Allied”) announced today that it has received approval from the Toronto Stock Exchange (“TSX”) for a normal course issuer bid (“NCIB”) which will enable it to purchase up to 10,205,838 of its 103,861,945 issued and outstanding units (“Units”) as at February 14, 2019, representing approximately 10% of its public float of 102,058,385 Units as at that date.