Brookfield Properties is close to selling a 50% interest in the third and final tower of Bay Adelaide Centre in Toronto, according to two people with knowledge of the proposed deal.
Exclusive
Brookfield Properties Closes In on Sale of Bay Adelaide North Tower
Pricing for Potential Deal in Downtown Toronto Is Said to Be Set to Produce Annual Yield Slightly Above 4%
By Garry Marr
CoStar NewsFebruary 23, 2021 | 11:22 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- Bay Adelaide Centre North Tower
40 Temperance St, Toronto, ON
- Companies
- Brookfield Corporation
Finance and Insurance