City: Calgary

February 28, 2003 Financial Post (Fourth item)Two of the country's largest pension funds are teaming up on major renovations at the Market Mall in northwest Calgary, Alberta. Cadillac Fairview Corp., a subsidiary of the Ontario Teachers' Pension Plan Board, and ...

October 2, 2002 O&Y Real Estate Investment Trust (TSE:OYR) has completed its purchase of the remaining 50 percent interest in Altius Centre, 31-story office tower in downtown Calgary, for C$32.5 million (US$20.5 million).The deal gives the Toronto-based REIT full ownership ...

June 19, 2002 Legacy Hotels REIT (TSE:LGY) has agreed to pay about C$65 million (US$42.2 million) to buy the Sheraton Suites Calgary Eau Claire in Calgary, Alberta.The 323-suite hotel is being sold by its developer and manager, Pacrim Developments Inc. ...

January 17, 2002 CALGARY, Alberta – Canadian Real Estate Investment Trust (TSE:REF.UN) has paid just over C$17 million (US$10.5 million) for the Valleyfield Business Centre, an industrial property in southeast Calgary. The two-building complex has 224,000 square feet that includes ...

November 16, 2001 CALGARY, Alberta – Summit REIT (TSE:SMU) has agreed to sell Canada Place, a 191,890-square-foot downtown office building, to an undisclosed buyer for C$31.4 million (US$19.8 million).The C$164/sf sales price represents a capitalization rate, or initial yield, of ...

November 16, 2001 Western Spirit Investments Ltd. (CDNX:WST.A), a Victoria, B.C., real estate investment company, is pursuing strategic alternatives, including selling assets or the company as well as converting to a REIT.The company has hired Royal LePage Commercial Inc. as ...

October 22, 2001 Brookfield Properties Corp. (NYSE:BPO) has secured a US$240 million loan for Bankers Hall in Calgary and is now actively marketing a half stake in the 2.6 million-square-foot complex.An unnamed institutional lender provided the 12-year mortgage, which carries ...

August 27, 2001 CALGARY, Alberta – Boardwalk Equities Inc. (NYSE:BEI) plans to sell up to 358,800 common shares from its combined holdings.Controlling shareholders own or have control over about 16.8 million common shares of Boardwalk, which represents about 34 percent ...

July 23, 2001 CALGARY – Brookfield Properties Corp. (NYSE:BPO) has refinanced and sold a 50 percent interest in Fifth Avenue Place, a 1.7 million-square-foot office complex in Calgary.Brookfield secured a C$165 million (US$106.8 million) non-recourse first mortgage on the property, ...

December 13, 2000 TORONTO – Summit REIT (TSE:SMU_u.TO) has agreed to sell an office tower in Calgary, Alberta, for about C$24.5 million (US$16.1 million), or C$122/sf (US$80/sf), to an undisclosed buyer.The 200,987-square-foot building is at 333 11th Ave. Southwest. Proceeds ...