Teachers buys out partner TD (Ontario Teachers Pension Plan Board buys out shares of Toronto-Dominion Bank in real estate deal)

Article Abstract:

Toronto-Dominion Bank has sold its shares in commercial buildings to its partner Ontario Teachers Pension Plan Board. The real estate deal worth $1.28 billion consist of 15 commercial buildings sold by the bank. Ontario Teachers Pension Plan Board now controls the buildings to be managed by its subsidiary Cadillac Fairview Corp.

Commercial Banks, Commercial Banking, General services, Commercial and Institutional Building Construction, Commercial Buildings, Nonresidential construction, not elsewhere classified, Banking industry, Management, Commercial construction, Toronto Dominion Bank, Ontario Teachers' Pension Plan Board, Cadillac Fairview Corp.

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Caisse may own all of Bentall

Article Abstract:

Bentall Corp. one of the West Coast's largest real estate developers, announced that SITQ Immobilier, a unit of the Caisse de depot et placement du Quebec, Quebec's giant pension fund, is negotiating for a $275.5 million deal to acquire the rest of the 48% of the firm it does not already own and take the company private.

Financial services industry, Financial services, Caisse de Depot et Placement du Quebec, Bentall Corp., SITQ Immobilier

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Brookfield divests its last big mall

Article Abstract:

Brookfield Properties Corp. plans to concentrate on its portfolio of office towers and is in the final stages of exiting the retail market with the sale of its last major mall to the Morguard Group Ltd.

Brookfield Properties Corp., BPO, Morguard Group Ltd.

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