Top 100 biggest real estate deals of 2015

Ranked by total value of the deal

Published in BIV's print edition on March 22, 2016. Online version updated March 23 and April 13: the sale of Metrotower III, Metrotown Centre was worth $205 million; deal #20 also contained an error and was previously listed at #18; deal #5 was incorrectly named, now corrected. Sources: Interviews with companies below, advisers to those companies and BIV research.

Search This Table
Rank '16FootnotesPropertyPurchaserSellerDescription of the dealPartial list of primary advisersDate deal closedDeal value (CAD)
1 Metrotower III, Metrotown Centre
4710 to 4730 Kingsway, Burnaby
Metro Vancouver
Ivanhoé Cambridge
Sale of Tower III in three-tower complex; transaction required the creation of an airspace parcel with multiple cross-easements and covenants as property is connected to two other office towers and B.C.'s largest retail mall Avison Young; Blake, Cassels & Graydon December 17, 2015 $205,000,000
2 Fairmont Hotel Vancouver
900 Georgia St W, Vancouver
Larco Hospitality
Ivanhoé Cambridge
556-room landmark hotel in downtown Vancouver May 2015 $180,000,000
3 WIP LP apartment portfolio
Various; suburban Metro Vancouver
Canadian Apartment Properties Real Estate Investment Trust (CAPREIT)
WIP Investment LP
19 apartment properties totalling 919 residential suites; properties are in North Vancouver, Port Moody, Coquitlam, Burnaby, New Westminster, Surrey and Langley McMillan LLP; CBRE Ltd September 14, 2015 $170,000,000
1150 Douglas St, Victoria
Standard Life Assurance Co of Canada
LaSalle CIG III GP Inc
Retail Avison Young February 11, 2015 $123,100,000
5 Royal City Centre
610 Sixth St, New Westminster
Kunyuan International Group
RCC LP, RC Centre (Vermont) LP
Retail Cushman & Wakefield December 17, 2015 $114,700,000

Want access to the full list and database?
Upgrade to a paid subscription.

We are glad you are enjoying
To get unlimited access to all of our online features, upgrade today.

Subscribe Now

Already a member? Login

Business in Vancouver makes every attempt to publish accurate information in the List, but accuracy cannot be guaranteed. Lists are researched by Carrie Schmidt and Anna Liczmanska. For questions or to provide feedback, please contact us by email,

Related Articles

No related articles

Subscribe to our mailing lists

You may withdraw your consent at any time.

* indicates required


* You can modify your newsletter subscriptions at the bottom of any newsletter you receive.
Business in Vancouver Media Group
303 West 5th Avenue, Vancouver, British Columbia
V5Y 1J6 · Canada