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Calgary

Allied, Westbank, TELUS reorganize ownership of Calgary tower

RENX Staff Commercial Transactions Calgary Feb. 12 2024

Allied Properties REIT (AP-UN-T) and its partners Westbank and TELUS have an agreement to reorganize their ownership of one of downtown Calgary’s most iconic high-rise towers, the 60-storey TELUS Sky.

Cadillac Fairview to sell two downtown Calgary office buildings

Mario Toneguzzi Commercial Office Calgary Feb. 2 2024

Cadillac Fairview is divesting two downtown office properties in Calgary. CF has already listed Encor Place for $21.5 million through RBC Capital Markets and will also bring 635 8th Ave. S.W. to market, CEO Sal Iacono tells RENX.

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