Name: Fairmont Canadian Portfolio
Location: Canada
Sale Date: August 2006
Price: Undisclosed
Cap Rate: Undisclosed
Vendor: Fairmont Raffles International
Buyer: Oxford
Summary
CIH and Eastdil Secured were retained by the Seller to act as joint advisors in the sale of this iconic portfolio. This landmark transaction was the largest and potentially the most significant deal in Colliers’ one hundred year history and represented the single largest hotel portfolio acquisition in Canadian history. The sale included:
1. Fairmont Banff Springs
2. Fairmont Chateau Lake Louise
3. Fairmont Vancouver Airport
4. Fairmont Chateau Whistler
5. Fairmont Jasper Park Lodge
6. Fairmont Kenauk at Le Chateau Montebello
7. Fairmont Le Chateau Montebello
