Dundee Reit Purchases Office Tower at 5001 Yonge Street

Dundee Real Estate Investment Trust (“Dundee”) purchased from Toronto-5001 Yonge Street Inc. a class “A” office tower located at 5001 Yonge Street, in Toronto, Ontario. The purchase price was $107,775,000.

Dundee was represented by a team from Osler, Hoskin & Harcourt LLP. The Osler team was led by George Valentini who was assisted by Stella Di Cresce, Ryan Nielsen and Isabel Ribau (real estate) and Peter Glossop and Matt Anderson (competition).

Toronto-5001 Yonge Street Inc. was represented by Stikeman Elliott LLP with a team led by Eric Carmona and which included Nili Birshtein and Annie Pyke (real estate) and Michael Kilby (competition).