LaSalle Canada Core Real Property’s Acquisition of 50% Interest in Maison Manuvie

Fasken Martineau DuMoulin LLP advised LaSalle Canada Core Real Property, L.P. in the acquisition and financing of a 50% interest in Maison Manuvie.

LaSalle Canada Property Fund expanded its portfolio with the acquisition of a portfolio of properties in Montreal and Vancouver. 

The portfolio, acquired from Ivanhoé Cambridge, includes: a 50 per cent stake in Maison Manuvie at 900 Boulevard de Maisonneuve O, a more than 485,000-square-foot trophy office asset in Montreal.

Manulife, whose Quebec headquarters are located in the office tower, will be LaSalle’s 50 per cent partner in the property.

Located in Montreal Financial District, Maison Manuvie is 97 per cent leased with a 13.7-year average weighted lease term, and provides tenants direct access to amenities and underground connections to both McGill and Peel subway stations. 

LaSalle Canada Property Fund is the Canadian flagship core real estate fund of LaSalle Investment Management,  one of the world’s leading real estate investment managers.

The Fasken team comprised of Martin Emmons (Picture), Marie-Andrée Thibault, Huy Do, Paul Casuccio, Scott Conover, Allyson Roy, Elias Retsinas, Catherine-Anne Goldrick, Xavier Plamondon and Karine Fleury. 

Involved fees earner: Paul Casuccio – Fasken Martineau; Scott Conover – Fasken Martineau; Huy Do – Fasken Martineau; Martin Emmons – Fasken Martineau; Karine Fleury – Fasken Martineau; Catherine-Anne Goldrick – Fasken Martineau; Xavier Plamondon – Fasken Martineau; Elias Retsinas – Fasken Martineau; Allyson Roy – Fasken Martineau; Marie-Andrée Thibault – Fasken Martineau;

Law Firms: Fasken Martineau;

Clients: LaSalle Canada Core Real Property;

Sonia Carcano

Author: Sonia Carcano