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Content tagged with: REITs

Tough 2023 for MSCI/REALPAC Canadian Property Index

Steve McLean Commercial REITs National Feb. 16 2024

The MSCI/Real Property Association of Canada (REALPAC) Canadian Property Index had a total return on standing assets, excluding developments, of -0.05 per cent in 2023. 

Drop in valuations results in $499M Q4 net loss for Allied

Steve McLean Commercial REITs Toronto / GTA Feb. 5 2024

Allied Properties REIT (AP-UN-T) suffered a $499.34-million net loss in its fourth quarter ended Dec. 31, in large part due to a $425-million decline in rental property valuations in Toronto, Montreal, Calgary and Vancouver.

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 P.O. Box 1484, Stn. B
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Email: thankyou@renx.ca
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