westbank

Deloitte Summit at 400 W Georgia Street in Vancouver (left) and Toronto House at 19 Duncan Street in Toronto (right).
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.

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.

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.