TransGlobe proudly makes the Town of Ladysmith , British Columbia the latest addition to its portfolio with the acquisition of a 44± suite residential building
Ladysmith – August 29, 2007 – TransGlobe Property Management Services announced the latest municipality to be added to its residential portfolio today. The Town of Ladysmith , British Columbia is a scenic community of just over 7,500 on the East coast of Vancouver Island located within an hour's drive up Highway 1 from TransGlobe's Victoria Regional Office. Although it was originally a single resource community providing living space for local miners and their families, the last few decades have seen it experience tremendous growth and embark on numerous development projects in the light industrial, commercial, tourist as well as recreational industries.
The 4-storey, 44± suite property is located at:
· 218 Bayview Avenue
It is a well-kept building with bachelor, one, and two bedroom suite layouts, spacious balconies and plenty of beautifully landscaped greenery around it. This mature community is only a short distance from Ladysmith's downtown core as well as a number of residential amenities such as stores, schools and churches.
“This is a very accommodating and beautiful property that also happens to embody the true meaning of the name of the street ‘Bayview'. It actually oversees the gorgeous Ladysmith Harbour of the Strait of Georgia and allows its residents some breathtaking views,” said Daniel Drimmer, TransGlobe's president following the acquisition. “Combined with all of the area's amenities and its bright economic future, this is definitely a prime residential location in this area.”
Since its entry into the British Columbia market in July 2005, TransGlobe has actively pursued its expansion goals and acquired over 2,100 residential suites as well as a number of notable commercial properties.
“ British Columbia needs quality rental housing right now and we are more than happy to be able to provide our brand of property management to its residents. The economic growth in the province is fantastic and even smaller communities such as Ladysmith display that need,” commented Daniel Drimmer. “We plan to be a large part of the province's rental housing market for years to come.”
F urther expansion into British Columbia is expected.
About TransGlobe Property Management Services
TransGlobe is the proprietor of multiple industrial, commercial and residential properties across Canada . Their locations include a number of major population centers in British Columbia , Alberta , Ontario , New Brunswick , Prince Edward Island and Nova Scotia .
With a portfolio of over 24,000 rental suites and more than 5.5 million square feet of commercial space, TransGlobe is one of the largest property management companies in Canada . With aspirations of providing quality rental options to as many Canadians as possible, the company has adapted a firm strategy designed to further expand and diversify its presence from coast to coast.
Backed by over a decade of experience and a philosophy of property management with integrity, TransGlobe remains equally focused on customer service. All of its residents enjoy the benefits of a 24/7 Customer Care Centre, a dedicated maintenance team as well as a Rental Rewards program - all designed to provide them with an unsurpassed rental experience. www.GOtransglobe.com
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