Press Releases, Articles & Announcements

Crestpoint acquires 50% interest in 170 René-Lévesque East

November 5, 2024

170 René-Lévesque East, a newly constructed, 20-storey multi-family building.

Crestpoint Real Estate Investments Ltd., on behalf of the Crestpoint Core Plus Real Estate Strategy (its open-end fund), is excited to announce the acquisition of 170 René-Lévesque East, a newly constructed,  20-storey multi-family building. Featuring 248 best-in-class residential units comprising a mix of suite sizes and 81 parking stalls, the property offers exceptional amenities such as a rooftop pool, high-end gym and modern common areas. The property is strategically situated in a prime “live-work-play” location, with excellent transit connectivity and proximity to world-class universities, shopping, entertainment and healthcare facilities. This is an investment opportunity for Crestpoint to acquire a high-quality asset in downtown Montreal, adding to its multi-family presence in this market. Crestpoint entered into this 50/50 joint venture transaction with InterRent REIT, which will also act as property manager.

Crestpoint Real Estate Investments Ltd.
November 5th, 2024