Allied Properties REIT (TSX:AP.UN) announced today that it has closed the
acquisition of 151 Front Street West, Toronto, a Class I office property with
325,772 square feet of gross leasable area, 56 surface parking spaces and
750,000 square feet of approved intensification potential. Allied's Toronto
portfolio is now comprised of 57 buildings and represents 56% of the total
portfolio area of 5.9 million square feet, with Montreal representing 35%,
Winnipeg 7% and Quebec City 3%.


Allied Properties REIT is the leading provider of Class I office space in
Canada, with portfolio assets in the urban areas of Toronto, Montreal, Winnipeg,
Quebec City and Kitchener. Its objectives 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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