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Category: Commercial

Allied acquiring majority stake in Van.'s 400 West Georgia, Toronto's 19 Duncan

Don Wilcox Commercial Office Metro Vancouver Mar. 11 2024

UPDATED: Allied Properties REIT is acquiring a 90% stake in 400 West Georgia in Vancouver from Westbank in a transaction which values the property at $395M; and increasing ownership of Toronto's 19 Duncan Street to 95% ($525.7M valuation).

Space race: Competition is on to fill new, pricey offices amid higher vacancy, subleasing

Rob Purdy Commercial Office National Mar. 11 2024

There are various factors — some unforeseen, some fleeting, some game-changing — that are directing the office market into uncertain territory for many stakeholders.

Industry Events

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