Allied Properties REIT (TSX:AP.UN) announced today that it has completed the
previously announced acquisition of 5505 Saint-Laurent Boulevard in Montreal.
The REIT's portfolio now exceeds 5.5 million square feet of GLA with Toronto
representing 51% of the total, Montreal 36% and Winnipeg, Quebec City and
Kitchener the balance.


Allied Properties REIT is the leading owner and manager of Class I office
properties in Canada, with portfolio assets in the urban areas of Toronto,
Montreal, Winnipeg, Quebec City and Kitchener. The objectives of the REIT are to
provide stable and growing cash distributions to unitholders and to maximize
unitholder value through effective management and accretive portfolio growth.


Allied Properties Real E... (TSX:AP.UN)
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