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Allied Properties REIT buys properties in Montreal, Calgary for $69.2M

January 20, 2014

TORONTO _ Allied Properties Real Estate Investment (TSX:AP.UN) says it plans to buy a property in Montreal and two others in Calgary for a combined price of $69.2 million . Allied also announced a fourth "intensification" joint venture with RioCan (TSX:REI.UN) through the acquisition of an undivided 50 per cent interest in two properties in Toronto .

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Source: Canadian Press DataFile

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