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Allied acquiring majority stake in Van.'s 400 West Georgia, Toronto's 19 Duncan

Don Wilcox Commercial Office Metro Vancouver Mar. 11 2024

UPDATED: Allied Properties REIT is acquiring a 90% stake in 400 West Georgia in Vancouver from Westbank in a transaction which values the property at $395M; and increasing ownership of Toronto's 19 Duncan Street to 95% ($525.7M valuation).

Sunray Group buys 4 Ontario, Alberta hotels for $76.7M

Steve McLean Commercial Hotels and Resorts National Mar. 7 2024

A continuing recovery from the lows of the COVID-19 pandemic and strong fundamentals in Canada’s hotel industry are behind Sunray Group’s acquisition of four Ontario and Alberta hotels in recent weeks.

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