Scotia Plaza vs Q1 Tower

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Scotia Plaza is a commercial office complex in the city of Toronto, Ontario, Canada. It is in the financial district of the downtown core bordered by Yonge Street on the east, King Street West on the south, Bay Street on the west, and Adelaide Street West on the northwest. At 275 m (902 ft), Scotia Plaza is Canada's third tallest skyscraper and the 22nd tallest building in North America. It is on the PATH network, also contains 190,000 m2 (2,045,143 sq feet ) of office space on 68 flooring and 40 retail stores. Olympia and York developed the complex as an expansion of the adjoining headquarters of Scotiabank and the bank continues to occupy approximately 24 floors of the structure. Olympia and York owned the complex from its completion until the business was liquidated due to overwhelming debt in 1993.

Scotiabank led a consortium of banks to buy the mortgage for Scotia Plaza and within the next five years, it bought additional shares from its partners before it was the property's majority owner.On January 19, 2012, Scotiabank announced it would sell the iconic building and on May 22, announced a final agreement with Dundee Real Estate Investment Trust (now Dream Office REIT) and H&R Real Estate Investment Trust for $1.27 billion, making it the last of Canada's leading banks to divest ownership of its Toronto headquarters land. In 2016, H&R and Dream sold 50% of the construction to KingSett Capital and AIMCo; in 2017, Dream sold its remaining 50% stake in 2017 to the same two companies.

Source: Wikipedia

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Q1 Tower (an abbreviation of Queensland Number One) is a 322.5-metre (1,058 feet ) skyscraper in Surfers Paradise, Queensland, Australia. The residential tower on the Gold Coast has been the world's tallest residential building from 2005 to 2011. As of 2020 it is the ninth-tallest residential tower in the world and is the tallest building in Australia and the Southern Hemisphere, and the second-tallest freestanding construction in the Southern Hemisphere, behind the Sky Tower in Auckland, New Zealand. The Q1 formally opened in November 2005. The landmark building was recognised as one of Queensland's icons during the state's 150th-birthday celebrations.

Source: Wikipedia