Oxford Properties clinches full office portfolio stake in Western Canada
Tuesday, June 3, 2025, 8:21 am
Oxford Properties Group has completed a $730-million deal to acquire the Canada Pension Plan Investment Board’s 50% share in its Western Canadian downtown office portfolio. This consolidates their ownership in key Calgary and Vancouver assets and marks a bold move in the competitive real estate market.
In Calgary, that includes the 25-storey Eau Claire Tower, Centennial Place, 400 Third and The Stack
The $730-million deal gives Oxford Properties full ownership of the portfolio of downtown office properties in Calgary and Vancouver
TORONTO - Oxford Properties Group has signed a deal to buy the Canada Pension Plan Investment Board's 50 per cent stake in a group of office properties in Western Canada that they co-own for $730 million.
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