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Oxford Properties now owns Vancouver's tallest office tower

Pension fund giant closes $730 million deal with CPPIB that also includes six other buildings
The massive deal between the two pension giants includes this 25-floor building at 1055 W. Hastings St. in Vancouver, known as Guinness Tower.  (Justin Eckersall/CoStar)
The massive deal between the two pension giants includes this 25-floor building at 1055 W. Hastings St. in Vancouver, known as Guinness Tower. (Justin Eckersall/CoStar)

The Canada Pension Plan Investment Board, Canada’s largest pension fund, has completed the sale of its 50% stake in seven Class A office properties in downtown Vancouver and Calgary for $730 million, including the tallest office tower in the nation's third-biggest metropolitan area.

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