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Blogs & News

Keeping you informed to keep you ahead

BLOGS & NEWS

Keeping you informed to keep you ahead

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Expat financial planning blogs & news

Our blog site is designed exclusively to inform on issues that relate to and impact expatriates around the globe.We cover a wealth of topics that include insurances - pensions - investments - estate planning and tax - all designed to keep you informed and up to date.

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ReDev Properties announce unconditional sale of Daly Grove Centre

Another successful ReDev Plaza project sold in 2017

ReDev Properties announce unconditional sale of Daly Grove Centre

Richard Crenian - CEO ReDev Properties

Daly Grove Centre

Daly Grove Centre, purchased in 2007 has over 33,000 square feet of rentable retail and office space in Edmonton’s residential and family-friendly Mill Woods area.

The property is currently fully leased with a dynamic mix of local and national tenants, ranging from medical care facilities to convenience food stores.

“Daly Grove Centre has been a valuable product for us,” said ReDev Properties Founder and President Richard Crenian. “The centre hosts secure and stable tenants making the property a strong cash yielding asset.

We’re sad to part ways with the centre, but believe our group has maximized the potential of the property.”

Daly Grove Centre is the 14th asset of ReDev Properties’ portfolio to have been acquired, owned, operated and sold since 2001. This the second property to close in 2017.

ReDev continues to actively search for similar assets to acquire and manage for its portfolio and welcomes any inquires.

Further details on ReDev and their latest plaza offerings for investors can be found here.

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