Allied is a leading owner, manager, and developer of urban workspace and data centers in Canada. It is a real estate investment trust which started with a focus on Class I workspace.
Allied owns 160 urban properties (132 rental properties, eight development properties, and 11 ancillary parking facilities) spanning across 11 million square feet in Canada. Its portfolio comprises of a balanced mix of new and historical buildings.
The firm focuses on urban intensification and has a presence in Canada’s major cities such as Toronto, Montreal, Calgary, Vancouver, Ottawa, Edmonton, and Kitchener. Allied’s segments can be divided into urban data centers (18% of 2018 NOI), western (12%), eastern (25%) and central (45%).
Office space accounts for a larger portion of its NOI at nearly 69%, followed by urban data centers (18%), retail (8%) and parking (5%). Allied also has a subsidiary, Allied Properties Management LP which provides property management and other fee-based services.
Investment Data
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Allied is a leading owner, manager and developer of urban workspace and data centers in Canada. It is a real estate investment trust which started with a focus on Class I workspace. Allied owns 160 urban properties (132 rental properties, … Read more