The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Canwest headquarters is shown in Winnipeg Friday, Feb. 27, 2009.
Canwest headquarters is shown in Winnipeg Friday, Feb. 27, 2009.
(John Woods/The Canadian Press)

Winnipeg tower sale punctuates city’s real estate boom

The sale of the tallest building in Winnipeg earlier this year is a feel-good story both for the city and the Asper family.

The family sold the building, located at Portage and Main, to a Regina, Sask.-based pension fund manager and the Hill family of Saskatchewan for a price that was never disclosed. Until now, that is, as a source close to the deal says it was just over $160-million, well beyond the $130-million to $135-million that the sellers went into the transaction expecting.