Allied Properties Reit

Born in the early 2000s, the trust pioneered the adaptive‑reuse of light‑industrial buildings into vibrant urban workspaces.

Today it owns and operates three core workspace types—Heritage (repurposed), Modern, and Flex (future redevelopment sites)—across Toronto, Montréal, Vancouver and other urban centres.

Beyond offices, it builds communities by adding residential suites and amenity spaces like gyms and event venues in mixed‑use projects.

Its history includes transforming underutilized light‑industrial structures into creative hubs that shape neighbourhood culture.

Deeply rooted in urban intensification, its redevelopment strategy turns underused buildings into thriving, multi

functional assets.

Standout projects include network‑dense urban data centres and landmark heritage conversions, showcasing its blend of industry and creativity.

Its financial journey reflects steady growth and consolidation, with strategic mixed‑use development driving both value and vibrancy.

We build and operate commercial real estate to save the global environment, not to destroy it.

We build and operate to foster human wellness, not to undermine it.

We build and operate to promote diversity, not to impose uniformity.

We build and operate to facilitate creativity, not to encourage conformity.

We build and operate as city builders, which in a way embraces everything else.

Introduced internal shadow price of carbon to support investment decisions

Achieved 2024 GRESB scores: 84 (standing investments), 86 (developments), outperforming or matching peers

Exceeded 2023 performance target linked to ≥10 % of construction workforce identifying as equity‑deserving groups (non‑DEI metric)