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.
Talk to the deal team
Related deals
Amot Investments Ltd. has issued bonds
Amot Investments Ltd. has raised funds to refinance the company for further development.
Learn moreBelvoir Group has merged with Property Franchise Group
Belvoir Group plc has merged with Property Franchise Group plc. The merger creates one of the UK’s largest multi-brand lettings and estate agency groups with a growing financial services business and with a market capitalization of approximately US$250 million.
Learn moreDTP Infinities Limited has raised funds
DTP Infinities Limited has completed a listing via the reverse takeover of 3Cnergy and raised funding of US$51 million. The company owns a portfolio of assets, predominantly upscale hotels located in key regional cities in the UK, offering a total of 3,383 keys. The hotels are operated under franchise agreements with IHG, Hilton and Marriott.
Learn more