Canada: Rehabilitation of an abandoned housing complex

Project: Acquisition and transformation of a real estate complex in Toronto

Amount funded: Major project
Sector: Real Estate & Strategic Investment

In Toronto, a 12,000 m² real estate complex had been abandoned for almost 8 years. Several investors had tried to revive the site, without success, due to a lack of financial strategy and a complex regulatory environment.

The local developer’s team applied Zenith Global Holdings SA to obtain comprehensive support.
We drove:
• a thorough study of the site’s potential;
• the restructuring of the financial arrangement;
• bringing the project into compliance with international standards;
• Connecting with a network of strategic investors.

In less than six months, the funding was secured and the work began.
Today, the site houses a modern complex including shops, coworking spaces and professional residences.

The project has enabled revitalize an entire neighborhood and to attract more than 600 new local businesses.

A real estate renaissance that has become a symbol of urban growth.