TORONTO, Dec. 04, 2018 (GLOBE NEWSWIRE) — Allied Properties REIT (TSX:”AP.UN”) announced today that its Trustees have (i) approved an increase in Allied’s monthly cash distributions from $0.130 per unit ($1.56 per unit annualized) to $0.133 per unit ($1.60 per unit annualized) and (ii) declared a distribution of $0.133 per unit for the month of December 2018. The distribution will be payable on January 15, 2019, to unitholders of record on December 31, 2018.