BRIEF-Chartwell Retirement Residences Announces Acquisition Of Ownership Interests In 10 Modern Residences Comprising 3,233 Suites In Quebec And $300 Million Bought Deal Offering Of Trust Units-March 2024-www.financetom.com

BRIEF-Chartwell Retirement Residences Announces Acquisition Of Ownership Interests In 10 Modern Residences Comprising 3,233 Suites In Quebec And $300 Million Bought Deal Offering Of Trust Units

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BRIEF-Chartwell Retirement Residences Announces Acquisition Of Ownership Interests In 10 Modern Residences Comprising 3,233 Suites In Quebec And $300 Million Bought Deal Offering Of Trust Units

Jun 20, 2024 2:10 PM

Chartwell Retirement Residences:

* CHARTWELL RETIREMENT RESIDENCES ANNOUNCES ACQUISITION OF

OWNERSHIP INTERESTS IN 10 MODERN RESIDENCES COMPRISING 3,233

SUITES IN QUEBEC AND $300 MILLION BOUGHT DEAL OFFERING OF TRUST

UNITS

* CHARTWELL RETIREMENT RESIDENCES - ENTERED DEALS FOR

STRATEGIC

ACQUISITION OF 2 SENIORS HOUSING PORTFOLIOS IN QUEBEC FOR

PURCHASE PRICE OF $511 MILLION

* CHARTWELL RETIREMENT RESIDENCES - IN LATE-STAGE

NEGOTIATIONS TO

ACQUIRE 85% OWNERSHIP INTEREST IN RETIREMENT RESIDENCE IN QUEBEC

FROM EMD-BATIMO

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