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Content tagged with: Office

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.

 

Dream sells 438 University office tower in Toronto for $105.6M

Don Wilcox Commercial Office Toronto / GTA Jan. 27 2025

Dream Office REIT (D-UN-T) has confirmed it has an agreement to sell its 438 University Ave., office tower in the heart of downtown Toronto for $105.6 million as office transaction activity in the city seems to be on the upswing.

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