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Ottawa

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 Unlimited launches $2B multifamily joint venture

Steve McLean Residential Apartments National Jan. 31 2025

Dream Unlimited has launched a new institution-backed joint venture that plans to invest up to $2 billion into rental properties across Canada’s major markets.

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