Allied Properties REIT Will Not Delay Telus Project

The transcript discusses the current market conditions, highlighting a 20% availability rate and its impact on commoditized office spaces. Allied's differentiated approach has insulated it from the downturn, with a slight increase in leased area in Calgary. The future market is expected to be challenging, but Allied remains committed to the Telus Sky project, with a significant portion of its office space pre-leased and residential space set to enter the market by 2018.

What is the expected impact of the current market conditions on the office space leasing?

What is the timeline for leasing the remaining space in the office component?