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Calgary

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.

 

Equium to manage 2 Calgary office-to-residential conversion buildings

Mario Toneguzzi Residential Renovation Calgary Feb. 3 2025

Equium Group, a real estate manager and services group, is expanding its Calgary portfolio with the additions of two high-profile downtown residential conversion projects - Palliser and Eau Claire Place II.

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 P.O. Box 1484, Stn. B
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