Desjardins completed the acquisition of the 70 York Street office fower from Kingsett for $135m.

Desjardins, a financial institution that offers financial services, completed the acquisition of the 70 York Street office tower in downtown Toronto from Fingsett, a private equity firm for $135m. “To be able to buy a prime location in the central business district of Toronto is very, very rare noting the quadrant bound by University, Adelaide, Bay and Front streets is characterized by huge properties that we otherwise would never be able to afford,” Richard Dansereau, Desjardins vice-president and head of real estate investments.