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Allied Properties Has Slew of Sales Set To Close, Additional Ones Lined Up

Toronto Office REIT Looks To Shore Up Balance Sheet While Remaining Committed to Keeping Its Distribution
Allied Properties REIT said ownership of its Telus Sky complex, a 60-storey mixed-use development in downtown Calgary, was recently reorganized. (CoStar)
Allied Properties REIT said ownership of its Telus Sky complex, a 60-storey mixed-use development in downtown Calgary, was recently reorganized. (CoStar)
CoStar News
August 1, 2024 | 12:31 AM

Allied Properties Real Estate Investment Trust is set to close deals to sell several of its buildings that combined are worth about $200 million in transactions the office REIT says will improve its balance sheet.

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