Toronto / GTA
Allied’s net loss decreases in 2024, operating income rises
Steve McLean Commercial Office National Feb. 11 2025Allied 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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