Allied Advances Calgary Disposition Strategy
- ClearView Insider
- Sep 25
- 1 min read
Allied Properties REIT has confirmed progress on its non-core property sales program. In 2024, the trust sold seven assets, including one in Calgary. This year, Allied has a further 10 properties under contract or negotiation, including another Calgary asset, for aggregate proceeds of about $231 million.
Management stated that once these sales close, the Calgary disposition process will be considered complete. The portfolio going forward highlights significant mixed-use intensification potential in Calgary, estimated at 1.5 million square feet along 10th and 11th Avenues SW.
Interested in what Allied’s Calgary sales signal for local office market strategy? Contact us at info@cvpartners.ca to discuss how these market movements can shape your real estate decisions.
Source: GlobeNewswire, “Allied Provides Update on Non-Core Property Sales,” Sept. 16, 2025.