| November 23, 2006 |
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Purchase of two apartment buildings the latest in TransGlobe’s GTA growth strategy. |
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Toronto–ON– November 23, 2006 –The "2006 Movers and Shakers" of the apartment industry, TransGlobe Property Management Services, are on an acquisition streak. After purchasing four residential properties in the GTA two days ago, the company announced today that it has purchased two more apartment buildings in East York.
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The properties, located at 26 and 27 Thorncliffe Park Drive, offer one, two and three bedroom suites for rent and add another 174 suites to the company’s significant residential portfolio of over 18,500 apartment units.
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Just minutes from the Don Valley Parkway, the buildings are conveniently located close to schools, shopping facilities, parks and churches.
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With one of Canada’s most vibrant rental markets, the property management giant has set its sights on expanding its presence in this bustling metropolis. |
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"We are happy to have solid roots in the GTA rental market. Toronto is a great city to live in and we are proud to offer affordable rental options to apartment dwellers in this city," comments Daniel Drimmer, TransGlobe President. |
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TransGlobe is dedicated to improving the rental experience of its residents and approaches property management from a tenant-focused perspective. The company is determined to revolutionize the landlord-tenant relationship by putting service above everything and its newest tenants will benefit from this new style of management first hand. |
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TransGlobe ensures a high level of service by making it a round-the-clock commitment. Its Customer Care Centre is always open – day or night – and is equipped with knowledgeable agents who can handle all types of enquires, from maintenance to tenant issues, in 11 different languages.
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The company knows that tenant retention begins by improving the rental experience. As such, TransGlobe has taken measures to reward tenants with a one-of-a-kind Rental Rewards program that thanks residents for choosing one of their properties to call home. The company has also put in place a department dedicated to producing the most highly trained Building Representatives in the industry. |
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"Our commitment to tenant care has won the company great success and loyalty among tenants. Our residents have communicated to us that they appreciate a landlord that listens to their concerns and responds quickly to maintenance requests. We will continue to provide our tenants with top-rate service by making it a standard in our company," says Leonard Drimmer, TransGlobe CEO. |
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As advocates for affordable housing, TransGlobe will be renting these apartments at reasonable rates that are well within tenants’ reach. |
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TransGlobe owns and manages over 4,500 suites in the GTA and plans to continue growing in this region. Ownership and management of the properties begin today. |
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About TransGlobe Property Management: TransGlobe Property Management Services is the landlord for multiple industrial, commercial and residential properties from coast-to-coast. Locations include Halifax, Saint John, Ottawa, Cornwall, the GTA, Burlington, Kitchener-Waterloo, London, Calgary, 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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