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One of Canada's Largest REITs Pauses Spending, Suspends Talks to Buy CBC's Headquarters

Toronto-Based Allied Properties Plans to Focus on Its Existing Operations
Allied Properties is putting purchases on hold, including any discussions to buy CBC's headquarters in downtown Toronto. (CoStar)
Allied Properties is putting purchases on hold, including any discussions to buy CBC's headquarters in downtown Toronto. (CoStar)
CoStar News
July 28, 2022 | 10:03 P.M.

One of Canada's largest real estate investment trusts is hitting the pause button on acquisitions in a decision that extends to Allied Properties' interest in CBC's headquarters in downtown Toronto.

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