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Allied Properties Spends Close to $250 Million on Montreal Office Buildings

REIT CEO Says He Has Faith in Urban Office Real Estate
Allied Properties REIT is buying the office space at Place Gare Viger in Montreal. ( CoStar)
Allied Properties REIT is buying the office space at Place Gare Viger in Montreal. ( CoStar)
CoStar News
July 19, 2021 | 7:13 P.M.

Allied Properties Trust Real Estate Investment Trust, whose chief executive has remained a staunch believer in the office sector amid pandemic lockdowns that have kept workers out of the workplace, is buying two key Montreal projects in deals worth almost $250 million.

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