Despite the presence of several headwinds, out-of-province investors remain bullish on Quebec’s multi-residential properties market, citing its strong presence of renters. Executives from InterRent REIT and Hazelview Investments spoke at the Quebec Apartment Investment Conference about their reasons for optimism.
Lachance Immobilier and the Fonds immobilier de solidarité FTQ have invested $55 million to convert a former 10-storey office building into a 142-unit, upscale residential rental property on Montreal’s Nuns’ Island.
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