Real Estate Real Estate

The underwriters in connection with the $263.5 million initial public offering of CT REIT

On October 23, 2013, CT REIT completed its initial public offering raising gross proceeds of $263.5 million. The offering was underwritten by a syndicate of underwriters with RBC Capital Markets and CIBC acting as joint bookrunners. A portion of the proceeds of the IPO were used to acquire...

Lead Office: Toronto Date Closed: October 23, 2013 Value: $263.5 million

Dream Industrial REIT on its $498.5 million acquisition of a national industrial portfolio from KingSett Capital

On December 19, 2012, Dream Industrial REIT (formerly known as "Dundee Industrial REIT") announced the completion of its acquisition of a national portfolio of industrial properties from KingSett Capital for approximately $498.5 million. The portfolio comprises of 79 industrial...

Lead Office: Toronto Date Closed: December 19, 2012 Value: $498.5 million

Dream Office REIT and H&R REIT on their $1.266 billion acquisition of Scotia Plaza

On June 15, 2012, Dream Office REIT, together with H&R REIT, completed its acquisition of Scotia Plaza in downtown Toronto for a total purchase price of $1.266 billion, a record price for a single Canadian office project and the only acquisition of a major Triple A building in Toronto...

Lead Office: Toronto Date Closed: June 15, 2012 Value: $1.266 billion

Chartwell Retirement Residences in its $931 million joint venture purchase together with Welltower Inc. of 42 seniors facilities throughout Canada

On May 1, 2012, Chartwell Retirement Residences and Health Care REIT (HCN) completed the acquisition of a portfolio of 42 retirement communities located in Quebec, British Columbia and Alberta for a net purchase price of approximately $931 million. A Chartwell subsidiary and HCN Canada, a...

Lead Office: Toronto Date Closed: May 1, 2012 Value: $931 million

Dream Office REIT on its $1.4 billion acquisition of Whiterock REIT

On March 2, 2012, Dream Office REIT (formerly known as "Dundee REIT") completed its $1.4 billion acquisition Whiterock REIT. Osler, Hoskin & Harcourt LLP represented Dundee REIT with a team consisting of Doug Marshall (Corporate), Stella Di Cresce, Ryan Nielsen (Real...

Lead Office: Toronto Date Closed: March 2, 2012 Value: $1.4 billion

CANMARC REIT in its acquisition by Cominar REIT

On March 1, 2012, CANMARC REIT, a publicly-traded REIT with a nationally diversified portfolio of 115 commercial properties totalling 9.4 million square feet of gross leasable area and having a value of $1.9 billion, was acquired by Cominar REIT by way of a take-over bid. Following the...

Lead Office: Montreal Date Closed: March 1, 2012 Value: $1.9 billion

Dream Office REIT (formerly Dundee REIT) on its $832 million acquisition of a 29-property Canadian office portfolio from Slate/ Blackstone

On August 25, 2011, Dream Office REIT (then known as Dundee REIT) closed its acquisition of a Canadian office portfolio consisting of 29 properties in Calgary, Edmonton, Toronto and Ottawa for a purchase price of $832 million. As part of the deal, Dream redirected title to four of the properties to...

Lead Office: Toronto Date Closed: August 25, 2011 Value: $832 million

Dream Office REIT in its sale of a $2.3 billion Eastern real estate portfolio to GE Real Estate

On August 24, 2007, Dream Office REIT (formerly known as Dundee REIT) completed the sale of its Eastern portfolio to GE Real Estate for $2.3 billion. The real estate assets are located principally in Ontario, Québec and Newfoundland. Osler, Hoskin & Harcourt LLP represented Dream...

Lead Office: Toronto Date Closed: August 24, 2007 Value: $2.3 billion