News Summary

Montreal-based Jesta Group has made a significant entry into the Toronto residential market with the acquisition of a bulk condominium portfolio valued at $30 million. This acquisition marks the beginning of Jesta Group’s ambitious $500 million program aimed at acquiring more than 1,000 condominium units over the next year. Located near Toronto Metropolitan University and close to transit and shopping, the properties are part of Jesta Group’s strategy to capitalize on Toronto’s strong market fundamentals. The company is actively seeking further acquisitions in downtown Toronto, partnering with family offices and institutional investors.