westbank
Commercial
Westbank Sells Remaining Stake In Deloitte Summit & Toronto House For $60.5M
Allied Properties REIT acquired stakes in Deloitte Summit and Toronto House from Westbank in March 2024, then acquired the remaining interest in December.
Feb 05, 2025
Development Projects
Crombie REIT Considering "Monetization" Of Vancouver Safeway JV With Westbank
Crombie REIT and Westbank have been working together on the Commercial-Broadway Safeway redevelopment for over five years and have made numerous revisions.
Office
Westbank Sells M2 Office Building In Vancouver For $115M To Spear Street Capital
The M2 office building sits at 114 E 4th Avenue in Vancouver and is part of the ongoing Main Alley development by Westbank.
Office
TD Greystone Sells Partial Stake In Vancouver Telus Garden To Morguard
Telus Garden sits at 510 W Georgia Street in Vancouver and was developed by Westbank and Telus, who then sold it to Greystone Managed Investments and Forgestone Capital.
Opulence Meets Ultimate Recreation At This 10.9-Acre Victoria Estate
Though just 15 minutes from downtown Victoria, this address feels distinctly set apart — protected, peaceful, and purpose-built for generational enjoyment.
Multifamily
Westbank Continues Selling Spree With $133M Sale Of Zephyr To Crombie REIT
Crombie REIT has reached an agreement with Westbank to acquire the remaining 50% interest in The Zephyr at 1661 Davie Street for $133M.
Development Projects
Westbank Proposing 3 Towers For East Village Project In Vancouver DTES
The proposal by Westbank and Promerita Group is a for a 39-storey and 38-storey rental tower, plus a 19-storey social housing tower, along E Hastings Street in Vancouver.
Multifamily
The Lauren, Developed By Westbank And Peterson, Sold To Starlight
The Lauren is a 22-storey rental tower located at 1051 Broughton Street in the West End of Vancouver that was completed by Westbank and Peterson in 2014.
Construction
Westbank & Peterson Alberni Project Sued By Graham For $2.8M Unpaid Since July 2023
Graham Construction, the construction manager Westbank and Peterson hired for the 1550 Alberni Street project, says the $2.8M has gone unpaid since at least July 2023.
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