Allied Properties Real Estate Investment Trust operates in the real estate sector, focusing on the acquisition, development, and management of urban properties primarily for workspace and residential use. The company specializes in adaptively reused light industrial structures and purpose-built mid-rise to high-rise office buildings, catering to knowledge-based organizations. Allied also offers rental-residential suites and urban amenities, contributing to mixed-use neighborhoods in major Canadian cities, including Toronto, Montréal, Vancouver, Calgary, and Kitchener.