Chartwell Retirement Residences (TSE:CSH.UN) has released an update.
Chartwell Retirement Residences successfully completed a substantial $345 million public trust unit offering, with the proceeds aimed at financing the acquisition of two high-quality retirement residence portfolios in Quebec. This strategic move will expand Chartwell’s footprint in the Canadian seniors housing market, reinforcing its commitment to enhancing the lives of its residents across the country.
For further insights into TSE:CSH.UN stock, check out TipRanks’ Stock Analysis page.
