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Allied Properties refreshing its portfolio through capital-recycling strategy

Toronto-based REIT selling older buildings to fund investments in three newer ones located in Toronto, Vancouver and Calgary
Allied Properties REIT is proceeding with a series of sales in order to help finance some of its recent purchases, such as the residential component of the Calgary House project. (CoStar)
Allied Properties REIT is proceeding with a series of sales in order to help finance some of its recent purchases, such as the residential component of the Calgary House project. (CoStar)
CoStar News
September 18, 2025 | 9:22 P.M.

Allied Properties Real Estate Investment Trust is moving forward with its plan to sell some of its older and smaller buildings in cities across Canada and directing the proceeds into projects in Vancouver, Toronto and Calgary.

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