Thursday, February 18, 2016

Bentall Centre, Vancouver

https://en.wikipedia.org/wiki/Bentall_Centre,_Vancouver

Sources confirmed to Postmedia that China’s Anbang Insurance Group Co. Ltd., a Beijing-based company with a reported $114 billion US in assets, is buying what amounts to a 66-per-cent stake in Bentall I, II, III and IV — a sprawling commercial 1.5-million-square-foot office complex with some retail shops in the heart of downtown Vancouver.
http://www.msn.com/en-ca/money/topstories/chinese-investors-snag-vancouver%e2%80%99s-biggest-real-estate-prize-all-four-bentall-centre-towers
Interest in Vancouver office space has not been confined to just Asian investors. Attracted by the struggling loonie, European investors have also been eyeing the market. German multi-billionaire Klaus-Michael Kuehne is said to to have paid $400 million for Royal Centre, a 36-storey building at 1055 West Georgia St., last month.
http://www.msn.com/en-ca/money/topstories/chinese-investors-snag-vancouver%e2%80%99s-biggest-real-estate-prize-all-four-bentall-centre-towers/ar-BBpDIte?li=AAggNbc