
Press Releases, Articles & Announcements Crestpoint acquires multi-family complex in Brampton, Ontario April 5, 2023 TORONTO, ON, April 5, 2023 – Crestpoint Real Estate Investments Ltd. (Crestpoint) today announced the acquisition of a two building multi-family complex located at 2 & 4 Hanover Road in Brampton, Ontario (the Property). The Property, comprised of two towers of 18 and 22 storeys, respectively, with a total of 605 units and 946 parking stalls, provides an attractive mix of 1, 2 and 3-bedroom suites that currently have a ~97% occupancy rate. In addition to the two existing towers, the Property’s 10 acre site can also support the development of an additional ~400 units in the future. The desirable location, minutes away from Highway 410 and both the Bramalea and Brampton GO stations, offers tenants easy access to multiple schools and a variety of retail, community and recreational amenities including Chinguacousy Park. Vestcor Inc. and Crestpoint, on behalf of the Crestpoint Core Plus Real Estate Strategy (its open-end fund), split a 90% interest in the Property. InterRent REIT acquired the remaining 10% and will provide property management services on behalf of the ownership group. The closing of this acquisition brings Crestpoint’s total assets under management to approximately $9.9 billion and 36.5 million square feet. About Crestpoint Crestpoint Real Estate Investments Ltd. is a commercial real estate investment manager dedicated to providing investors with direct access to a diversified portfolio of commercial real estate assets. Crestpoint is part of the Connor, Clark & Lunn Financial Group, a multi-boutique asset management company that provides investment management products and services to institutional and high-net-worth clients. With offices across Canada and in Chicago, London and Gurugram, India, Connor, Clark & Lunn Financial Group and its affiliates are collectively responsible for the management of approximately $104 billion in assets. For more information, please visit: www.crestpoint.com. Contact Elizabeth Steele Director, Client Relations Crestpoint Real Estate Investments Ltd. (416) 304-8743 [email protected]

Press Releases, Articles & Announcements

Crestpoint acquires multi-family complex in Brampton, Ontario

April 5, 2023

TORONTO, ON, April 5, 2023 – Crestpoint Real Estate Investments Ltd. (Crestpoint) today announced the acquisition of a two building multi-family complex located at 2 & 4 Hanover Road in Brampton, Ontario (the Property).

The Property, comprised of two towers of 18 and 22 storeys, respectively, with a total of 605 units and 946 parking stalls, provides an attractive mix of 1, 2 and 3-bedroom suites that currently have a ~97% occupancy rate. In addition to the two existing towers, the Property’s 10 acre site can also support the development of an additional ~400 units in the future. The desirable location, minutes away from Highway 410 and both the Bramalea and Brampton GO stations, offers tenants easy access to multiple schools and a variety of retail, community and recreational amenities including Chinguacousy Park. Vestcor Inc. and Crestpoint, on behalf of the Crestpoint Core Plus Real Estate Strategy (its open-end fund), split a 90% interest in the Property. InterRent REIT acquired the remaining 10% and will provide property management services on behalf of the ownership group.

The closing of this acquisition brings Crestpoint’s total assets under management to approximately $9.9 billion and 36.5 million square feet.

About Crestpoint

Crestpoint Real Estate Investments Ltd. is a commercial real estate investment manager dedicated to providing investors with direct access to a diversified portfolio of commercial real estate assets. Crestpoint is part of the Connor, Clark & Lunn Financial Group, a multi-boutique asset management company that provides investment management products and services to institutional and high-net-worth clients. With offices across Canada and in Chicago, London and Gurugram, India, Connor, Clark & Lunn Financial Group and its affiliates are collectively responsible for the management of approximately $104 billion in assets. For more information, please visit: www.crestpoint.com.

Contact

Elizabeth Steele
Director, Client Relations
Crestpoint Real Estate Investments Ltd.
(416) 304-8743
[email protected]

Crestpoint announces Arthur Erickson Place achieves Zero Carbon Bu…

January 18, 2024

Crestpoint Real Estate Investments Ltd. (in joint venture with Vestcor Inc.) KingSett and Reliance Properties Ltd., announced today Arthur Erickson Place is officially Zero Carbon.

Supporting Canadian Blood Services and enhancing community impact…

October 3, 2023

The CC&L Foundation is pleased to announce a contribution to Canadian Blood Services, exemplifying our commitment to community and creating a positive impact.

Celebrating our collective impact during Pride Month

July 4, 2023

As Pride Month draws to a close, the CC&L Foundation and employees successfully raised $13,200 for Rainbow Railroad.

For additional information on Crestpoint Real Estate Investments Ltd., please contact:

Brent Wilkins

Senior Vice President,
Head of Institutional Sales

Tel: 1 (416) 364-5396 [email protected]

Catherine Dorazio

Managing Director,
Business Development

Tel: 1 (604) 643-5829 [email protected]

Elizabeth Steele

Director, Client Relations

Tel: 1 (416) 304-8743 [email protected]

Elliott Altberg

Executive Vice President,
Investments

Tel: 1 (416) 862-5176 [email protected]

Blake Steels

Executive Vice President,
Head of Mortgages

Tel: 1 (437) 240-9278 [email protected]

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Crestpoint Real Estate Investments Ltd.

April 5th, 2023