About Allied
Allied is a leading owner-operator of distinctive urban workspace in Canada’s major cities. Our work is grounded in a clear purpose: to provide knowledge-based organizations with distinctive urban environments that support creativity, connectivity and human wellness.
Our vision is more expansive. We seek to make a continuous contribution to cities and culture that elevates and inspires the humanity in all of us. This vision informs how we operate, how we design and how we lead.
Real estate, for us, is not a passive investment. It is a profoundly human endeavour, one that must promote wellness, sustainability, diversity and creativity - today and for generations to come.
Allied is also a place to build a career of consequence. If you are looking for work that is thoughtful, tangible and enduring - work that contributes meaningfully to cities and the people who inhabit them - you will find purpose here.
For more information on Allied’s approach to city-building, visit our Insights page.
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Purpose
Support the internal valuation of the Company’s investment property portfolio. Reporting to the Manager, Valuations, the role will prepare property-level valuations, maintain valuation models, assess market evidence and document well-supported fair value conclusions as part of the quarterly valuation process.
This is a hands-on technical position. The successful candidate will independently build and update ARGUS Enterprise models, complete DCF analyses, and explain valuation conclusions, subject to the direction and review of the Manager, Valuations.
Responsibilities
Property Valuation and Modelling
- Independently prepare valuations of income-producing investment properties, and properties under development using DCF.
- Review and update rent rolls, leasing activity, operating budgets, capital forecasts and development costs used in valuation models, assessing their impact on property values.
- Investigate and explain material quarter-over-quarter fair value movements, identifying the principal property-specific and market drivers.
Market Research
- Maintain organized market evidence and supporting documentation for significant valuation assumptions.
- For properties externally valued, reconcile internal valuation conclusions against external appraisals, investigate differences in values and underlying assumptions, document the rationale for concluded fair values, and escalate material or unresolved differences to the Manager, Valuations.
Financial Reporting and Controls
- Assist the Manager, Valuations in preparing quarterly valuation summaries, supporting schedules and analysis for senior management and the Valuation Committee.
- Reconcile source information, including rent rolls, executed leasing information, capital commitments and operating budgets, to valuation models.
- Maintain model version control, supporting files and a clear audit trail.
- Support responses to external auditor and external appraiser questions and track the resolution of review comments.
Qualifications
Must have:
- Bachelor's degree in real estate, Finance, Accounting, Economics, Commerce or a related discipline.
- Approximately 2 to 4 years of relevant commercial real estate valuations experience.
- Strong preference for and AIC Candidate Member actively progressing toward AACI.
- Hands-on ARGUS Enterprise and DCF experience; strong Excel modelling skills; understanding of commercial leases and recoveries.
- Basic knowledge of IAS 40 and IFRS 13.
Core Competencies:
- Strong analytical skills and sound valuation judgment.
- High attention to detail and disciplined documentation.
- Ability to identify and investigate inconsistencies in property and valuation data.
- Ability to manage multiple property valuations within quarterly reporting deadlines.
- Ability to explain and support valuation conclusions in clear, practical language.
- Willingness to challenge unsupported assumptions and seek guidance on material valuation matters.
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$80,000 - $105,000 a year
Allied determines individual compensation by work location and other factors, including relevant experience, education and internal equity.
Note: The listed salary range does not reflect total compensation and rewards. We encourage all qualified candidates to apply.
This role is a current vacancy on the Allied team.
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Total Rewards* and the Employee Experience
At Allied, total rewards are designed with the same perspective that shapes our operations. They are intended to support sustained contribution, creativity and a genuine sense of ownership in the work we do.
In practice, this includes:
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Shared financial success and an ownership mindset
Eligible employees participate in performance-based bonus programs and a retirement savings program, with the option to invest in traditional funds or Allied units. This approach aligns individual effort with Allied’s long-term performance and reinforces a sense of ownership at every level of the organization.
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Intentional presence and time off
In addition to vacation, employees receive six personal days and half-days before statutory holidays. Allied supports flexibility while maintaining a strong, in-person culture. This reflects how we collaborate most effectively and how we operate as a business.
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Health, wellbeing and support
Comprehensive, company-paid health benefits include vision and dental coverage, along with a healthcare spending account. An employee assistance program is available to provide confidential support when it is needed.
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Growth through leadership and exposure
Allied believes in leadership at every level. Employees are encouraged to contribute beyond the boundaries of their role, collaborate across disciplines and develop a broad understanding of the business. For those drawn to real estate, this includes uncommon exposure to how buildings, organizations and cities evolve through hands-on experience and shared responsibility.
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Purpose and connection beyond work
Each year, employees are provided with a paid volunteer day to contribute time and effort to a cause that is personally meaningful to them, reflecting our belief that contribution extends beyond the workplace.
If you are motivated by the role real estate plays in shaping cities and culture, and want your work to contribute to that effort, we encourage you to apply.
More insight into life at Allied, including our ESG and EDI initiatives, can be found in our annual ESG report.
*Temporary or contract roles may not qualify for all the benefits listed, and some roles may follow a modified total rewards structure. We will confirm what benefits you qualify for during the recruitment process.
Additional Information
We value human connection and experience. While Allied uses technology, including AI-enabled tools, to support administrative efficiency, all screening, assessment and hiring decisions are made by people.
We are committed to hiring the most qualified candidates with a dedication towards supporting diversity, equity and inclusion across our organization. All qualified applicants will receive consideration for employment without regard to gender, ethnicity, origin, sexual orientation, disability and socioeconomic background. Diverse perspectives strengthen our organization and help us deliver better outcomes for our tenants, partners and communities. All qualified candidates are encouraged to apply.
We strive to provide an accessible recruitment experience and welcome reasonable accommodation requests at any stage of the recruitment process. Please reach out to talent@alliedreit.com if support is needed.
We look forward to receiving your application.
