Brookfield Office Properties Canada Acquires Interests in Nine Canadian Office Properties
|Areas||Commercial Real Estate, Corporate and Commercial, Tax|
Goodmans represented the independent trustees of Brookfield Office Properties Canada, in connection with the acquisition from its parent company, Brookfield Office Properties Inc. of a 25 per cent interest in nine Canadian office properties located in Toronto and Ottawa, with a total asset value of $362 million. CPP Investment Board and ARCA Investments Inc. are the other co-owners of these properties. The properties consist of First Canadian Place, Toronto, 2 Queen Street East, Toronto, 151 Yonge Street, Toronto, Place de Ville I, Ottawa (2 buildings), Place de Ville II, Ottawa (2 buildings) and Jean Edmonds Towers, Ottawa (2 buildings), and total 6.5 million square feet.