The National Pension Service (NPS) of Korea recently announced that its two office towers in Toronto's CIBC Square are set to be completed in June and have already achieved a 100% leasing rate, the first time in its history of overseas real estate investment that it has participated in an office development project. The investment in these office towers began in 2016 and 2018, with a total project cost of approximately 2.5 trillion won, covering an area of 86,255 square meters. 'Tower 1' was completed in 2021 and has recouped most of the initial investment through refinancing. Meanwhile, 'Tower 2', anticipated for completion in June, reached full occupancy ahead of schedule.