Allied Properties Real Estate Investment Trust

Unverified
Country
Canada
Sector
Real Estate
Website
www.globenewswire.com
2 Second Party Opinions
1 Impact Report
1 Framework
XFID Type Title Year Source Retrieved
XF-HLCS88L-W Impact Report Allied Properties REIT Green Bond Report 2021 alliedreit.com 31 Mar 2026
XF-S7TVHJO-M Framework Allied Properties REIT Green Financing Framework 2021 alliedreit.com 31 Mar 2026
XF-YWH4UJB-1 Second Party Opinion Allied Green Financing Framework Second-Party Opinion (2025) 2025 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 2 Mar 2026
XF-AE5389T-3 Second Party Opinion allied properties reit green financing framework second party opinion mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 21 Feb 2026

XF Company Profile

Extra-financial information found across 4 documents in the XframeworkID registry

NACE L Real Estate Activities

Information extracted from documents in the registry. Values are as disclosed; this is not an assessment or rating. Last updated 2 Jun 2026.

Issuer Identity & Structure

Issuer name and country/jurisdiction
Allied Properties Real Estate Investment Trust, Canada SPO 2020 2020
Issuer sector/industry classification
Real Estate Activities - Office Properties and Data Centers FRAMEWORK 2021 2021
Issuer type
Real Estate Investment Trust (REIT) FRAMEWORK 2021 2021
Core business activities and geographic focus
Urban workspace development and management in Canada's major cities; network-dense urban data centers in Toronto; adaptive re-use of light industrial structures FRAMEWORK 2021 2021

Corporate Strategy & Mission

Corporate mission and sustainability strategy
To provide knowledge-based organizations with distinctive urban workspace in a manner that is sustainable and conducive to human wellness, creativity, connectivity and diversity FRAMEWORK 2021 2021
ESG strategy focus areas
Environmental, Social, and Governance (ESG); Environmental impact on natural world through sustainable acquisitions, development and operations; Social relationships with stakeholders including users, employees, suppliers and communities FRAMEWORK 2021 2021

Green / Sustainable Finance Framework

Sustainable bond framework name and version
Allied Green Financing Framework FRAMEWORK 2021 2021
Framework publication date and update history
February 3, 2021 IMPACT 2021 2021
Bond types covered under framework
Green bonds, green loans, and other green financial instruments IMPACT 2021 2021
Eligible use-of-proceeds categories
Green Buildings, Net Zero Carbon (NZC) Transition Projects, Resource Efficiency and Management, Clean Transportation, Renewable Energy, Sustainable Water and Wastewater Management, Climate Adaptation and Resilience, Circular Economy Adapted Products SPO 2025 2025
Project evaluation and selection process description
Green Financing Working Committee with varying functional expertise oversees implementation, identifies projects meeting eligibility criteria, and assesses environmental and social risks according to annual risk management assessment process SPO 2025 2025
Management of proceeds approach
Net proceeds deposited to general account and earmarked for allocation to eligible projects; full allocation intended within 36 months of issuance; pending allocation, proceeds may be used for debt repayment, cash/cash equivalents, or general trust purposes SPO 2025 2025
Temporary investment of unallocated proceeds
Debt repayment, cash equivalents, or general trust purposes SPO 2025 2025
Financing timeline (disbursement period)
36 months SPO 2025 2025
Refinanced vs. newly financed project distinction
Framework covers both financing and re-financing of eligible green projects IMPACT 2021 2021

Standards & Regulatory Alignment

Alignment with ICMA Green Bond Principles
Aligned with Green Bond Principles 2021 SPO 2025 2025
Compliance with Green Loan Principles or Sustainability-Linked Loan Principles
Aligned with Green Loan Principles 2025 and 2020 SPO 2025 2025
Alignment with UN Sustainable Development Goals
SDGs 6, 7, 9, 11, and 12 SPO 2025 2025

External Review & Verification

Second Party Opinion (SPO) provider name and assessment date
Sustainalytics, February 2, 2020 SPO 2020 2020
SPO preliminary evaluation or credibility rating
Credible, impactful, and aligned with Green Bond Principles 2021 and Green Loan Principles 2025 SPO 2025 2025
SPO assessment scope and methodology
Use of proceeds alignment with Green Bond/Loan Principles; project selection process credibility; management of proceeds approach; environmental and social risk assessment SPO 2025 2025

Issuance Details

Bond issuance date
February 12, 2021 IMPACT 2021 2021
Par or principal amount of bond and currency
CAD 600 million IMPACT 2021 2021
Bond maturity date
February 12, 2026 IMPACT 2021 2021

ESG Framework & Governance

Green Finance Committee structure and composition
Green Financing Working Committee comprised of members with varying functional expertise; responsible for framework implementation, project identification, and environmental and social risk assessment SPO 2025 2025

Changes Over Time

Items where disclosed information changed across documents.

Alignment with ICMA Green Bond Principles
2020 Green Bond Principles 2018
2021 Aligned with International Capital Markets Association Green Bond Principles 2018
2025 Aligned with Green Bond Principles 2021 and Green Loan Principles 2025
Compliance with Green Loan Principles
2020 Green Loan Principles 2020
2021 Compliant with Loan Market Association's Green Loan Principles 2020
SPO preliminary evaluation or credibility rating
2020 credible and impactful
2025 Credible, impactful and aligned with Green Bond Principles 2021 and Green Loan Principles 2025
Bond types covered under framework
2020 Green bonds and green loans
2021 Green bonds, green loans, and other green financial instruments
2025 Green Bonds and Green Loans
Eligible use-of-proceeds categories
2020 Green Buildings, Resource Efficiency & Management, Clean Transportation, Renewable Energy
2021 Projects that reduce Allied's carbon footprint and energy consumption
2025 Green Buildings, Net Zero Carbon (NZC) Transition Projects, Resource Efficiency and Management, Clean Transportation, Renewable Energy, Sustainable Water and Wastewater Management, Climate Adaptation and Resilience, Circular Economy Adapted Products
Project evaluation and selection process description
2020 Green Financing Working Committee to oversee implementation; project selection in line with market practice
2025 Green Financing Working Committee with varying functional expertise oversees implementation, identifies projects meeting eligibility criteria, and assesses environmental and social risks in accordance with annual risk management assessment process
Management of proceeds approach
2020 Net proceeds deposited into general account, earmarked for allocation to eligible projects within 24 months
2021 Fully allocated in accordance with Green Bond Framework
2025 Net proceeds deposited to general account and earmarked for allocation to eligible projects; full allocation intended within 36 months
Reporting commitments under framework
2020 Annual reporting on allocation of proceeds and relevant quantitative and qualitative metrics
2021 Annual verification of compliance including use of proceeds, key performance indicators and environmental impact reporting
Green Finance Committee structure and composition
2020 Green Financing Working Committee with employees from across the organization
2025 Green Financing Working Committee comprised of members with varying functional expertise
Sustainable bond framework name and version
2021 Green Financing Framework
2025 Allied Green Financing Framework