CTBUH Global News
May22

Written by:host
5/22/2009 11:47 AM 

Vancouver's landmark Bentall 5 building sells for $300 million  

May 21, Vancouver

News that the Bentall 5 building in downtown Vancouver had been sold to a German investment firm for $300 million dropped like a bombshell in the city's commercial real estate sector Wednesday, May 20, 2009. It is the highest price paid for a single building in Metro Vancouver in at least the past decade. And buyer Deka Immobilien Investment GmbH came forward with an unsolicited, all-cash bid to entice owner SITQ into selling...more

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