OMERS’ Oxford, CPPIB mull Royal Bank Plaza sale: Reuters

Oxford Properties Group and co-investor Canada Pension Plan Investment Board have hired RBC Capital Markets to explore a potential sale of Toronto’s Royal Bank Plaza, Reuters reported.

Oxford Properties Group and co-investor Canada Pension Plan Investment Board have hired RBC Capital Markets to explore a potential sale of Toronto’s Royal Bank Plaza, Reuters reported. A source said the office complex should sell for more than C$1 billion ($797 million). Oxford is the real estate investment arm of OMERS.

Source: Reuters