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Metro Vancouver

City Office REIT to be sold to U.S. investors MCME Carell for $1.1B

RENX Staff Commercial Transactions Metro Vancouver 4 hours ago

City Office REIT (CIO-N) has a definitive agreement to merge with two entities of U.S.-based MCME Carell and be taken private in a deal which values the Vancouver-based office properties owner and operator at approximately $1.1 billion.

 

Peterson sheds partner, pushes on with Burnaby Saputo Lands development

Evan Duggan Residential Development Metro Vancouver Jul. 16 2025

The developer behind a massive redevelopment project at the former Saputo dairy processing plant in Burnaby is moving ahead with the first phase of the project after restructuring ownership and financing.

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