A prominent office tower overlooking Union Station in Toronto's financial district has changed hands, with GWL Realty Advisors acquiring Citigroup Place in a bet on the long-term value of premier downtown office assets.
GWL Realty acquires Citigroup Place as Toronto office market improves
Firm buys downtown tower from Oxford Properties
CoStar News
July 30, 2026 | 9:27 P.M.
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IN THIS ARTICLE
- Properties
- Citigroup Place
123 Front St, Toronto, ON
- Companies
- Oxford Properties Group
Finance and Insurance
- GWL Realty Advisors Inc.
Real Estate
- Contacts
- Steven Marino
Executive Vice President, Portfolio Management, GWL Realty Advisors Inc.
- Glenn Way
President, GWL Realty Advisors Inc.