Fengate completes 47 acre real estate consolidation in Oakville

Oakville - Fengate Capital Management ("Fengate"), on behalf of its investors, announced the closing of two separate real estate transactions in the first quarter of 2016. The properties acquired are comprised of 6 income-producing industrial and office buildings, representing 530,000 square feet on 35 acres, located at QEW and Highway 403 in Oakville, Ontario.

Together with the office building portfolio acquired in 2014, these acquisitions secure Fengate and its investors as the leading real estate asset manager and investor in the QEW and Highway 403 node by consolidating 47 acres of contiguous lands with over 1.1 km of unobstructed highway exposure.
"This transaction created an irreplaceable asset, and enhanced the quality and return profile of our portfolio for the benefit of our investors," stated John Bartkiw, Managing Director – Real Estate.

Fengate's further investment into Oakville reflects the firm's confidence in the market's favourable attributes for its businesses and residents. It also expanded Fengate's assets under management and these real estate assets feature a diverse portfolio of office, industrial, retail and development properties.

Mr. Bartkiw added, "With our recent acquisitions, Fengate delivered upon its investment and strategic mandate, procuring high quality real estate that generates attractive returns with compelling long-term redevelopment opportunities."

Fengate possesses extensive experience evaluating and executing investments in the real estate sector. With over $1.0 billion in real estate assets under management, Fengate provides investors with an opportunity to reach an alternative asset class with customized investment attributes.

The Exchange Morning Post is a free business news service. Consider making a voluntary payment, to help us make this business and market news service better. Thanks in advance, your contribution is appreciated.
Content published on this site represents the opinion of the individual/organization and/or source provider of the Content. is non-partisan, online journal. Privacy Policy. Copyright of Exchange produced editorial is the copyright of Exchange Business Communications Inc. 2015. Additional editorials, comments and releases are copyright of respective source(s) and/or institutions or organizations.
Exchange Magazine for Business
Subscription options:

Exchange Magazine Paper Version
Exchange Magazine - Digital version







Subscription Options