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The Bank of Nova Scotia's iconic red headquarters in downtown Toronto, the 68-storey Scotia Plaza. (Fred Lum/The Globe and Mail/Fred Lum/The Globe and Mail)
The Bank of Nova Scotia's iconic red headquarters in downtown Toronto, the 68-storey Scotia Plaza. (Fred Lum/The Globe and Mail/Fred Lum/The Globe and Mail)

Streetwise

The top five Canadian office deals Add to ...

With Scotia Plaza hitting the block with an expected asking price of a billion dollars, many are wondering where the sale would stand in the history of Canadian office deals.



RealNet Canada Inc. sorted through its database, and dug up the following list of the five most expensive office deals in Canadian history.



1) Commerce Court, Toronto (2000), $618-million

Sold by CIBC to British Columbia Investment Management Corp.





2) Royal Bank Plaza, Toronto (1999), $485-million

Sold by Royal Bank to Oxford Properties and OMERS Realty Corp.







3) Bankers Hall Complex, Calgary (2000), $437-million

Sold by TrizecHahn Corporation and Calgary Financial Tower Ltd. to Gentra Canada Investments



4) Brookfield Place - TD Canada Trust Tower, Toronto (2008), $429-million (half-stake)

Sold by Brookfield Properties to OMERS Realty



5) Gulf Canada Square, Calgary (2007), $382-million

Sold by O&Y, Brookfield, CGS to Great West Life and London Life

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