| February 15, 2007 |
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TransGlobe solidifies and strengthens its foothold as one of the dominant industry players in Atlantic Canada. |
Canadian Property Management Company adds 151 apartments to its Atlantic Canadian holdings. |
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Halifax–NS– February 15, 2007 –TransGlobe Property Management Services continues its Eastern Canada expansion with the addition of two multi-unit residential buildings today. These are the latest additions to the company’s offering of affordable apartment living.
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Located at 15 Kennedy Drive and 25 Vimy Avenue in Halifax, the buildings offer one and two bedroom suites. The properties add to the 2,100 apartments already owned and managed by the Canadian property management company in Atlantic Canada. As part of the company’s core philosophy of providing accessible mid-market apartment rentals, these units will be rented at affordable rates. |
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Today’s acquisition follow the addition of one building on December 19th and another three buildings on November 3rd and is a strategic move on the part of the company as it continues to expand in Dartmouth and Halifax Regional Municipality. |
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"Atlantic Canada is a desirable place to grow our portfolio. We have developed a significant presence here and we will continue to seek out opportunities to further strengthen our hold in the region," says TransGlobe President Daniel Drimmer. |
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TransGlobe will fully upgrade the buildings&rs interiors and exteriors, giving its residents a more attractive and comfortable place to call home. The company is renowned for buying under-managed buildings and repositioning them through renovations and upgrades. This mandate results in improved resident perception of their home and improved quality of life among residents and the community as a whole. |
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TransGlobe continues its focus on tenant satisfaction. The company’s implementation of a 24-hour, 7-day-a-week Customer Car Centre demonstrates this commitment. The centre provides round-the-clock service and is committed to responding to maintenance requests and tenant issues in a timely manner.
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"We want our tenants to have a positive rental experience by making their life easier. We ensure that their concerns are addressed in a timely manner and we do everything to stay on top of issues by making use of the latest technologies and always looking toward continuous improvement," says
TransGlobe CEO Leonard Drimmer. |
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TransGlobe entered into the Atlantic Canadian market in May, 2005 and currently own and manage over 2,100 apartment units throughout the provinces of Nova Scotia and New Brunswick. |
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Ownership and management of the properties begin today. |
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About TransGlobe Property Management: TransGlobe Property Management is the landlord for multiple industrial, commercial and residential properties from coast-to-coast. Locations include Halifax, Ottawa, Cornwall, the GTA, Burlington, Kitchener-Waterloo, London, Vancouver, Victoria and other major population centres. |
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With more than a decade of management experience, a portfolio that includes over 21,500 apartments and more than 5 million square feet of commercial space, TransGlobe is dedicated to property management with integrity. |
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If you would like more information about this topic, or to schedule an interview with Daniel Drimmer, President or Leonard Drimmer, CEO, please call
Brenda Hajdu at 416-629-6844 or email
bhajdu@GOtransglobe.com. |
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