LaSalle Canada Property Fund acquires interest in Ottawa’s Minto Place for $135 million

On August 2, 2018, LaSalle Canada Property Fund completed the acquisition of a 33.33% interest in one of Ottawa’s most prestigious office complexes, Minto Place, from Minto Properties Inc., Minto (Kent St.) Inc. and Investors Real Property Fund for $135 million.  

Fasken Martineau DuMoulin LLP represented LaSalle Canada Property Fund with a team comprised of Andrea Centa, Allyson Roy, Jennifer Parker and Joanne Meadowcroft (real estate) and Douglas New (competition). LaSalle Canada Property Fund was also represented by Robert Hull, Edward Johnston and Michael Bussman at Gowling WLG (Canada) LLP in respect of corporate and tax matters. 

Soloway Wright LLP acted for Minto Properties Inc. and Minto (Kent St.) Inc. with a team comprised of Terilynn Anderson, Daniel Coderre and Gayle Herman. 

Blake, Cassels & Graydon LLP acted for Investors Real Property Fund with a team comprised of Chris Huband, Randy Savela and Lidia D’Amata (real estate) and Joshua Krane (competition).