Private | |
Industry | Real estate |
Founded | 1960 |
Headquarters | Royal Bank Plaza, Toronto, Canada |
Area served
|
Canada United States United Kingdom |
Key people
|
Blake Hutcheson (CEO) |
Products |
Office Industrial Retail Residential Hotel |
Services |
Land development Property management Asset management Investment |
Owner | OMERS |
Number of employees
|
2,000+ |
Website | www |
Oxford Properties, established in 1960 is a global real estate owner, investor, developer and property manager with a portfolio of office, retail, industrial, multi-residential and hotel assets. Wholly owned by the Ontario Municipal Employees Retirement System since 2003, the company has offices In Toronto, New York, London and Luxembourg. The organization has 2,000 employees and over $40 billion of real assets that it manages for itself and on behalf of its co-owners and investment partners. Oxford’s portfolio of properties represents more than 50 million square feet of office, retail, hotel, industrial, land and multi-residential assets in key markets across Canada, the US and Europe. Some of its most recognized assets include Royal Bank Plaza, The Fairmont Banff Springs Hotel, Yorkdale Shopping Centre, Olympic Tower and The Leadenhall Building.
Oxford Properties is currently co-developing New York's Hudson Yards Redevelopment Project with Related Companies, and recently completed Vancouver’s MNP Tower and Toronto’s RBC WaterPark Place both with CPP Investment Board. Oxford also owns seven Canadian Fairmont luxury hotels which were acquired in 2006, as well as 7,152 residential units spanning over 13 properties across Canada.
Oxford Leaseholds was established in 1960 in Edmonton by Don Love and John and George Poole, founders of PCL Construction. In the early days of the company’s formation the partners decided there was a need for a medical clinic, and vowed to make it happen. Seven years and a few buildings later, Great-West Life, Confederation Life Insurance Co. and Canada Trust Co. became equity partners.
To reflect its growing desire to develop towers as well as operate them, the company changed its name to Oxford Development Group. The firm entered the 1970s as a publicly traded company, with an offering on the Toronto Stock Exchange, with its assets surpassing $1 billion. At the time, large acquisitions included Y&R Properties portfolio and 25 shopping centres from Cambridge Leaseholds.