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Allied Properties Completes Acquisition Of Lougheed Building - Quick Facts

September 3, 2010, Friday, 01:12 GMT | 20:12 EST | 05:42 IST | 08:12 SGT

(RTTNews) - Allied Properties REIT (AP_UN.TO) said today it closed the acquisition of the Lougheed Building in downtown Calgary, a Class I office property with 86,478 square feet of gross leasable area.

Chief Executive Officer, Michael Emory said, "We see the acquisition of the Lougheed Building as an important step in continuing our expansion into western Canada and moving our urban office platform ever closer to a national scale."