Chartwell Retirement Residences (CSH-UN-T) has continued its expansion in the Quebec City region with the purchase of two recently-built retirement residences, and the acquisition of the 15 per cent interest it did not already own in a third facility.
A group of investors is spending $52 million to give new life to a vacant, century-old castle-like building in old Quebec City. Le 401 will have 142 apartments, plus ground-floor commercial space when it’s delivered in spring 2027.
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