US EditionOxford Acquires Full Ownership of High-Quality Western Canada Office Portfolio From CPP Investments
- Oxford Properties Group acquired Canada Pension Plan Investment Board's 50% stake in seven Western Canada office properties in a $730 million deal announced June 3, 2025.
- The transaction followed a longstanding partnership and CPP Investments' strategy to redeploy capital, with both parties continuing to co-own other Canadian real estate assets.
- The portfolio, consisting of seven class AAA/A office buildings totaling four million square feet, includes three Calgary and four Vancouver properties such as Eau Claire Tower and the Marine Building.
- Tyler Seaman, Oxford's Executive Vice President Canada, said the deal presents a compelling opportunity to invest in markets they understand, while Daniel Fournier emphasized their conviction in Canadian office properties' outperformance.
- The acquisition gives Oxford full ownership of a portfolio that outperforms local markets with over 95% occupancy and diversified tenants, reaffirming their commitment to invest in high-quality Canadian office real estate.
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Winnipeg Free Press+10 Reposted by 10 other sources
Oxford Properties buys CPP Investments' stake in office portfolio in Western Canada
Breaking News, Sports, Manitoba, Canada
·Winnipeg, Canada
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Oxford Acquires Full Ownership of High-quality Western Canada Office Portfolio from CPP Investments
The four million square foot portfolio comprises seven office properties in the Calgary and Vancouver central business districts TORONTO, June 3, 2025 /CNW/ - Oxford Properties Group ("Oxford"), a leading global real estate investor, developer and manager, and Canada Pension Plan Investment Board ("CPP Investments"), a professional investment management organization, today announced that they have closed on a transaction where Oxford will acquir…
·New York, United States
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