REV Real Estate has completed an acquisition
REV Real Estate has acquired part of a real estate portfolio.
REV is a leader in residential construction and remodeling in Quebec, Canada. The company historically had very short holding periods for its assets. The local real estate market dynamics have changed a lot in recent months, and REV raised additional capital to adapt its strategy. The company is now set to continue acquiring real estate portfolios or assets in the upcoming year and plans on keeping them for a longer holding period.
The portfolio consists of residential real estate in Quebec.
Oaklins’ team in Canada assisted REV’s executives in structuring and executing the transaction. Oaklins also participated in raising the equity required for the transaction.
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