Top 100 biggest real estate deals of 2017

 

Ranked by total value of the deal

Print version published March 20, 2018. Scroll to bottom to download this year's list and previous years. Online version updated March 29, 2018, to include #7 and #94. Online version also updated March 20, 2018, to reflect inclusion of deal #79, 1148 Hornby St, and adjustments made to numbers 64, 84, 88 and 99 to include the proper name of the purchaser and its law firm. The Chevron portfolio (purchased by Wesgroup Properties for approximately $97.3 million) has been broken down into separate deals on this list, with different closing dates and include 3220 Cambie St, 7525 Cambie St, 2783 West 4th Ave and 3692 West Broadway. 1008 West 41st Ave and 1716 Clark Dr were also part of the Chevron portfolio, but have not been included on this list as all information was not available at press time.

Sources: Interviews with above companies, advisers and BIV research. Companies may have not been included in deals below as information was not available at press time. NP=Not provided

Rank '18 Property Purchaser Seller Description of the deal Date deal closed Primary financial firms Primary law firms Other advisers Deal value
1

Jericho Lands,
borders of West 4th Ave, Highbury St and West 8th Ave, Vancouver

MST (Jericho 2016) LP
mstdevelopment.ca

Province of British Columbia
www2.gov.bc.ca

Purchase

01-Nov-17

NP

Clark Wilson LLP (purchaser), McCarthy Tetrault LLP (seller)

NP

$480 million

2

4500, 4554 Dawson St and 2350, 2410, 2430 Willingdon Ave and 2223, 2375 Alpha Ave, Burnaby

Aoyuan Property Holdings Ltd

Devizes Management Ltd, Elliot Hershell Glassman, Burnaby Lands

Residential development land

02-Jun-17

NP

Clark Wilson LLP, Norton Rose Fulbright Canada LLP

Avison Young

$155.07 million

3

801 West Georgia St, Vancouver

PR Acquisitions (Canada) LP

Delta Land Developments Ltd, 801 West Georgia Ltd, DHG Properties Partnership, Hotel Georgia Development Ltd; Georgia Properties Partnership

NP

07-Jul-17

NP

NP

Colliers International

$145 million

4

The Waterfront Lands,
5-65, 10-95 Senator Rd and 1351-1371, 1381 McKeen Ave, North Vancouver

The Waterfront LP
wesbild.com

McKeen & Wilson Ltd, 1068677 B.C. Ltd, Lions Gate Mini Storage Ltd

Purchase and financing

01-May-17

HSBC Bank Canada

Clark Wilson LLP, Lawson Lundell LLP, Stikeman Elliott LLP

Jones Lang LaSalle Real Estate Services Inc

$120 million

5

Arbutus Manor,
2125 Eddington Dr, Vancouver

2125 Eddington Holdings Ltd
kunyuan.ca/projects

Baybridge Seniors Housing Alpha II LP
baybridgeseniorliving.com

Sale

22-Feb-17

CIBC

Clark Wilson LLP (seller), Norton Rose Fulbright Canada LLP (buyer)

Cushman & Wakefield

$115 million

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