Allied Properties REIT Completes Acquisition of Ownership Interest in 400 West Georgia and Increased Ownership Interest in 19 Duncan
On April 1, 2024, Allied Properties Real Estate Investment Trust, a leading owner-operator of distinctive urban workspace in Canada’s major cities, completed the acquisition from Westbank of a 90% ownership interest in 400 West Georgia Street in Vancouver, and an additional 45% ownership interest in 19 Duncan Street in Toronto (increasing Allied’s ownership interest to 95%). The transaction was based on an aggregate property value of $920.7 million.
Aird & Berlis advised Allied with a team led by Kyle Genga and Jacob Dubelaar, and including Kristian Arciaga, Queenie Lo, Jasraj Shergill and Daniella Guzzi (Real Estate), Aaron Collins, Kanika Sharma and Jonathan Yantzi (Financial Services), Melanie Cole and Amy Marcen-Gaudaur (Corporate/Securities), Stephen Zolf and Portia Biswas (Competition), Michael Horvat (Employment), Carol J. Burns and Angelo Gentile (Tax), and Faruk Gafic (Leasing).
-
BioFull bio
Kyle is a practical, results-oriented lawyer with more than 25 years of commercial real estate experience.
-
BioFull bio
Jake is dedicated to providing exceptional client service on routine and complex commercial real estate transactions.
-
BioFull bio
Queenie’s dedication to delivering exceptional client service, coupled with her expertise in navigating complex transactions, positions her as a...
-
BioFull bio
Jasraj enjoys the dynamic nature of real estate law. He brings a business-minded approach to real estate transactions.
-
BioFull bio
A self-described deal junkie, Aaron thrives on getting deals done, and will make sure your transaction gets across the finish line.
-
BioFull bio
Kanika’s broad corporate experience allows her to provide practical advice on a wide range of financing and lending matters.
-
BioFull bio
Jonathan is a member of the firm’s Financial Services Group, specializing in secured lending transactions.
-
BioFull bio
Whether advising her clients on public and private financings, mergers and acquisitions or corporate commercial matters, Melanie takes a client-first ...
-
BioFull bio
Amy is a partner with the firm's Capital Markets, Mergers & Acquisitions and Venture Finance Groups.
-
BioFull bio
Stephen guides clients through the rapidly evolving regulatory environment governing the telecommunications and media industry in Canada.
-
BioFull bio
Portia is a strong negotiator and communicator who supports her clients as they seize opportunities or face challenges.
-
BioFull bio
Michael guides his clients through their labour and employment law issues by providing them with practical solutions that balance their workplace issu...
-
BioFull bio
Carol takes a thorough and well-researched approach to providing clients tax advice that is tailored to their specific situation and needs.
-
BioFull bio
Angelo is a natural problem solver and he applies this skill to resolve tax disputes on behalf of his clients.
-
BioFull bio
Faruk has significant experience in advising clients in commercial real estate matters.
-
BioFull bio
Daniella is a dedicated commercial real estate lawyer.
Related Areas of Expertise
Representative Matters
-
RBC Secures Receiver Appointment for Trucking Logistics Business
Aird & Berlis acted as counsel to RBC with a team consisting of Steven Graff, Shaun Parsons and Alex Bernicchia-Freeman (Financial Services). -
Allied Properties Completes $400-Million Offering of Senior Unsecured Debentures
On April 7, 2025, Allied Properties Real Estate Investment Trust (TSX:AP.UN), a leading owner-operator of distinctive urban workspace in Canada’s major cities, completed a private placement of $400-mi... -
Produce Wholesale Distributor Completes Hybrid Sale of Produce Companies
Aird & Berlis acted as legal counsel for the produce companies with a team led by Liam Tracey-Raymont and including Thomas Fenton, Jeffrey Merk, Christian Nianiaris, Joshua Ward and Teddy Nikolaou (Ca...