- Royal Bank of Canada (RY +0.5%) is reportedly hired to handle the sale of one of the tallest buildings in Montreal, Bloomberg reports, citing people familiar with the matter.
- CBRE (CBRE +2%) is working with RBC on the sale, according to one of the people.
- The tower's owners, Oxford Properties and Public Sector Pension Investment Board, are exploring the sale of 1250 Rene-Levesque Boulevard West.
- The property isn't yet officially on the market because marketing materials haven't been finalized.