Cadillac Fairview Sells Aberdeen Mall in BC

On December 11, 2003, the Cadillac Fairview Corporation Ltd. sold the Aberdeen Mall in Kamloops, BC, to BRR Trust of Borealis Retail Real Estate Investment Trust for more than $50 million. Manulife Financial Corp. provided financing to the REIT.

The trust was represented by Blake, Cassels & Graydon LLP, with a team that included Jim Hilton, Jeff Merrick, Greg Umbach and Paul Yeung; and assisted by in-house counsel Devon Jones, Oxford Properties Group. The REIT was represented in-house by Wayne Fraser, senior vice-president; and Louis Forbes, senior vice-president and CFO.

Cadillac Fairview was represented in-house by Louie DiNunzio, investments; and Sandra Hardy, counsel; and by McCarthy Tétrault LLP, with a team that included Nick Blom, Jennifer Williams and Gordon Sato. Manulife Financial was represented by Michael Shane of RBS Lawyers in Vancouver.