Bank of China, Toronto Branch completes $150M financing of the Centre Rockland

On January 12, 2017, Bank of China, Toronto Branch completed a $150-million financing of the Centre Rockland. The Centre Rockland is a 646,000-square-foot shopping centre in Montréal owned by Cominar Real Estate Investment Trust (“Cominar”).
  
Cominar is one of the largest commercial property owners and managers in the province of Québec with a portfolio of 539 office, retail and industrial properties located in Québec, Ontario, Atlantic Canada and Western Canada. The properties represent more than $8.2 billion in assets.
  
As China’s most internationalized 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 the province of Québec.
  
Cominar was represented internally by Manon Deslauriers and Philippe Côté and by
Davies Ward Phillips & Vineberg LLP, with a team comprising Sébastien Theriault and Chrystelle Chevalier-Gagnon.
Bank of China, Toronto Branch was represented by
McCarthy Tétrault LLP, with a team comprising James Papadimitriou, Annie Gagnon-Larocque and Katherine Girard.
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