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| November 8, 2006 |
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TransGlobe fulfills promise to continue expanding its Ottawa residential portfolio. |
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Ottawa–ON– November 8, 2006 –Canada’s fastest growing property management firm, TransGlobe Property Management Services, has just added another multi-unit apartment in Ottawa to its national roster of more than 18,500 apartment units.
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The property, located at 199 Holland Avenue at the intersection of Wellington Street and Parkdale Avenue, has 36 units consisting of one and two bedroom suites.
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This acquisition is the latest in the company’s aggressive expansion plans of its Ottawa holdings. Last month, TransGlobe took the Ottawa Region rental market by storm when it purchased 13 residential apartment buildings and added another 572 units to the company’s portfolio. Today’s deal fulfills the company’s plan to continue expanding in the nation’s capital.
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“Ottawa is a dynamic city to live and work in and we are delighted to have a solid presence in this sought-after region. We have recently established a Regional Office to serve our Ottawa tenants locally and intend to continue to grow our holdings here,” contends Daniel Drimmer, TransGlobe President. |
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This purchase is an example of the company’s acquisition strategy to purchase mid-market assets and offer them to residents at affordable rental rates. |
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The customer-focused award-winning company has made high service standards a staple of the business. TransGlobe tenants have the advantage of a 24-hour, 7-day-a-week Customer Care Centre that is equipped to handle all types of housing enquiries, including maintenance requests, apartment availability and viewings. The centre is fully staffed with qualified agents who can manage calls in 11 languages, including Korean, Tamil, Cantonese, Mandarin, Hindi, Punjabi, Pakistani, French, Italian, Spanish and Polish. |
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“Our primary goal at TransGlobe is to keep tenants happy. We know that residents are happy when their service needs are met in a timely fashion. We also know that residents appreciate affordable living that does not compromise quality. That’s what TransGlobe offers and that’s why we have been so successful,” notes TransGlobe CEO Leonard Drimmer.
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Ownership and management of the property begins 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 18,500 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 416-234-8444 ext. 1920 or email bhajdu@GOtransglobe.com. |
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