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BGO buys class A Toronto office tower as new supply dries up

Global investment firm purchases 26 Wellington St. E from H&R REIT
BGO bought 26 Wellington Street East, a 12-storey office tower, in Toronto’s financial district on July 9. (CoStar)
BGO bought 26 Wellington Street East, a 12-storey office tower, in Toronto’s financial district on July 9. (CoStar)
CoStar News
July 9, 2026 | 11:10 P.M.

BGO has acquired a Class A office tower from H&R REIT in the heart of Toronto’s financial district that’s 98% occupied by what the new owner says are “institutional-quality tenants.”

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