The transaction is valued at $ 102M, with a cost per unit (CPU) of $141,000. This transaction marks the largest deal in the past two years, both in terms of price and the number of units, for the Province of Quebec.
Multi-housing market outlook for the month of September 2023 for the Province of Quebec sector, presented by Thierry Samlal, Executive Vice-President, PMML Capital Market
Between September 2022 and September 2023, the multi-family market experienced a 32 % decrease in transaction volume, totalling %. However, starting from May 2023, we have observed resilience in the market.
Monthly review of large-scale transactions for multi-unit buildings
Monthly review of large-scale transactions for multi-residential buildings