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December 3, 2003 The Cadillac Fairview Corp., a wholly owned subsidiary of the Ontario Teachers' Pension Plan, has agreed to buy some developable land in Toronto, Ontario, from CBC/Radio-Canada. The vacant land is adjacent to the Canadian Broadcasting Centre, the ...
December 2, 2003 Allied Properties REIT (TSX:AP.UN) has agreed to buy 905 King St. W., an office building in downtown Toronto, Ontario, for C$15.75 million (US$12.1 million). Allied plans to finance the acquisition – which is expected to close Dec. ...
December 1, 2003 Abacus Capital Corp. has sold Martello Towers, a 220-unit apartment tower at 1011 Beach Ave. in Toronto, for C$29.25 million (US$22.5 million). Abacus, a Canadian merchant banking group, specializes in the acquisition of financially troubled Canadian corporations.Commercial ...
November 14, 2003 The Cadillac Fairview Corp. is looking into a possible redevelopment opportunity at the Don Mills Centre, a retail property that was built in 1955 outside Toronto, Ontario. Cadillac Fairview, a unit of the Ontario Teachers' Pension Plan, ...
November 7, 2003 Canada Life, a subsidiary of Great-West Life, plans to build a 15-story office tower in downtown Toronto, on the site of a parking lot adjacent to Canada Life's historic head office. The Government of Canada has a ...
October 9, 2003 Allied Properties REIT (TSX:AP.UN) has paid C$10.78 million (US$8 million) for 99 Spadina Ave., a seven-story office building in Toronto, Ontario. The 51,850-square-foot building is fully leased to four tenants and was extensively renovated, retrofitted and expanded ...
September 26, 2003 Allied Properties REIT (TSX:AP.UN) has agreed to buy 99 Spadina Ave., a 51,850-square-foot office building in downtown Toronto, Ontario, for C$10.78 million (US$8 million). The REIT assumed the fully leased property's C$6.69 million (US$5 million) mortgage, which ...
September 9, 2003 Mainstreet Equity Corp. (TSX:MEQ) has acquired Caravelle Apartments, a 218-unit building in the North York area of Toronto, Ontario. The Calgary, Alberta, opportunistic real estate firm bought the tower at 5 Dufresne Court for C$16.7 million (US$12.2 ...
July 24, 2003 Residential Equities Real Estate Investment Trust (TSE:REE.UN) has completed its purchase of three apartment buildings in midtown Toronto: 141 Davisville Ave.; 46 Foxden Road; and 110 Cottonwood Ave. The 357-unit portfolio was acquired for C$25.6 million (US$18.1 ...
July 24, 2003 The Toronto StarThe Toronto city council has voted to stick with the private-sector consortium chosen to renovate Union Station, rejecting a move by some to shorten a proposed 100-year lease on the city-owned property. A consortium led ...
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