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Content tagged with: Office

GTA office: What's for sale, and who is buying

Steve McLean Commercial Office Toronto / GTA Feb. 24 2025

There've been few recent trophy office sales in the Greater Toronto Area, but activity at the $100-million level and below has been steady, says Colliers' Nicholas Kendrew. Observers are closely watching one marketing process - the Yonge Corporate Centre.

Allied’s net loss decreases in 2024, operating income rises

Steve McLean Commercial Office National Feb. 11 2025

Allied Properties REIT recorded a $342.53M net loss in 2024 (down 18.6 per cent from 2023). The biggest drain was $557.57M in asset value writedowns, but that didn't stop CEO Cecilia Williams from being optimistic about 2025.

 

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