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Arca Investment Inc., BPO Properties Ltd., and CPP Investment Board acquire O&Y REIT

Date Closed

November 29, 2005

Lead Office

Toronto

Value

2.10 Billion CAD

On November 29, 2005, Brookfield Properties Corporation and its Canadian-based subsidiary, BPO Properties Ltd. acquired O&Y Properties through a newly-formed company owned by the Brookfield Consortium.

McCarthy Tétrault advised O&Y REIT with a team that was led by Ian Arellano, and included Jamie Orzech and John Fingret.

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