Scotia Plaza vs Sydney Tower

Informations

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

Informations

Sydney Tower is Sydney's tallest structure and the second tallest observation tower in the Southern Hemisphere. The title Sydney Tower is becoming common in daily usageNonetheless, the tower has been known as the Sydney Tower Eye, AMP Tower, Flower Tower, Glower Tower, Westfield Centrepoint Tower, Big Poke, Centrepoint Tower or just Centrepoint. The Sydney Tower is a member of the World Federation of Great Towers.The tower stands 309 m (1,014 ft) over the Sydney central business district (CBD), located on Market Street, between Pitt and Castlereagh Streets. It's available from the Pitt Street Mall, Market Street or Castlereagh Street and sits over the Westfield Sydney (formerly Centrepoint) shopping center. The tower is open to the public, and is one of the most prominent tourist attractions in the city, being visible from a number of vantage points throughout town and from adjacent suburbs. Auckland's Sky Tower is taller but Sydney Tower's main observation deck is almost 30 m (98 ft) higher than the observation deck on Auckland's Sky Tower.While the shopping center at the base of the tower is run by Scentre Group, the tower itself is occupied by Trippas White Group, which owns and operates Sydney Tower Dining, and Merlin Entertainments, which owns and operates the'Sydney Tower Eye' observation deck and'Oztrek' simulated ride appeal.

Source: Wikipedia