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Allied Sees ‘Inflection Point’ in Office Market As Space Tours Increase

Some Analysts Take Wait-and-See Approach Despite REIT's Leasing Optimism
An Allied Properties building on King Street in Toronto is pictured. (CoStar)
An Allied Properties building on King Street in Toronto is pictured. (CoStar)
CoStar News
May 3, 2024 | 12:32 AM

Allied Properties Real Estate Investment Trust is seeing signs that could lead to a pickup in leasing activity in its portfolio, but even with that, one analyst following the REIT thinks Allied might be forced to cut its distribution next year.

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