TRUDEL ACQUIRES THE QUEBEC PROPERTY PORTFOLIO FROM FIRST CAPITAL REALTY

As part of one of the largest real estate transactions in Quebec in recent years, Trudel Alliance confirmed on December 18, 2019, the acquisition of the Quebec real estate portfolio from First Capital Realty.

This $165 million transaction includes 28 properties spread across seven commercial sites: Carrefour Soumande, Galeries Charlesbourg, Place Seigneuriale, Place des Quatre-Bourgeois, Place Naviles, Carrefour St-David, and Les Promenades de Lévis. Rightfully, the Trudel brothers are particularly proud to create, through this transaction, a new flagship real estate project for Quebec. A reinvention process similar to that of Fleur de Lys will be implemented to gather the expectations of the surrounding community, merchants, and community organizations. Desjardins Entreprises Québec-Capitale and RBC Royal Bank proudly supported the entrepreneurs.

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