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Metro Vancouver

CAPREIT buys, sells 4 apartment properties for $194M

RENX Staff Residential Transactions Toronto / GTA Feb. 11 2025

CAPREIT (CAR-UN-T) continues to be one of the most active buyers and sellers of Canadian real estate, announcing four new transactions valued at $194 million - including the acquisitions of two recently constructed apartment buildings in Western Canada.

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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