Allied Properties REIT announced that it has entered into agreements to purchase the following properties for $69.2 million: The Montreal Property - Located on the northeast corner of Rue St. Paul and Rue St. Sulpice, this property is comprised of 79,778 square feet of GLA, all of which is leased to tenants consistent in character and quality with Allied's tenant base.

Built in 1861, the building was renovated and upgraded in 2001. The Pilkington Building, Calgary - Located on northeast corner of 11th Avenue S.E. and 3th Street S.E., this property is comprised of 48,223 square feet of GLA, all of which is leased to tenants consistent in character and quality with Allied's tenant base, and 44 surface parking spaces. Built in 1913, the building was renovated and upgraded in 2012.

The Biscuit Block, Calgary - Located on northwest corner of 11th Avenue S.E. and 4th Street S.E., this property is comprised of 54,073 square feet of GLA, all of which is leased to tenants consistent in character and quality with Allied's tenant base, nine surface parking spaces and 30 underground parking spaces. Built in 1912, the building was renovated and upgraded in 2013.