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Greater Montreal

Uptimo buys Quebec City apartment complex with room to grow

Danny Kucharsky Residential Transactions Quebec City Feb. 12 2025

Uptimo has invested $42 million to acquire 825 Beauregard, a complex of 232 multi-family units in the Quebec City suburb of Sainte-Foy. It is also the company’s biggest acquisition to date.

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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