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Transaction/Case Details

Bank of China, Toronto Branch Completes C$150M Financing of the Centre Rockland

DATE CLOSED

January 12, 2017

BUSINESS SECTOR

Real Property / Construction

LEAD OFFICE

Montreal

VALUE

150 Million CAD


OVERVIEW

On January 12, 2017, Bank of China, Toronto Branch completed a C$150,000,000 financing of the Centre Rockland, a 646,000 square foot shopping center, owned by Cominar Real Estate Investment Trust, one of the largest commercial property owners and managers in the province of Québec with a portfolio of 539 office, retail and industrial properties in the provinces of Quebec and Ontario, in the Atlantic Provinces and in Western Canada, representing more than C$8.2 billion in assets. As China’s most internationalised and diversified bank, Bank of China currently provides a comprehensive range of financial services to customers across the Chinese mainland and over 50 countries and regions. This loan represented Bank of China, Toronto Branch’s first financing commitment in Quebec.

Bank of China, Toronto Branch was represented by McCarthy Tétrault L.L.P., with a team that comprised D. James Papadimitriou, Annie Gagnon-Larocque and Katherine Girard.

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China
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Real Estate
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Real Estate Financing
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