TSX:CSH.UNHealthcare
How Investors May Respond To Chartwell Retirement Residences (TSX:CSH.UN) Portfolio Reshaping And Development Push
Chartwell Retirement Residences has recently expanded its development pipeline with a CAD 43.3 million purchase of a 50% interest in Chartwell Le Montcalm in Quebec, launched four new senior living projects totalling 828 suites across Quebec, Alberta and British Columbia, and completed the sale of nine noncore Ontario properties for CAD 117.9 million.
These moves show Chartwell Retirement Residences reshaping its portfolio toward newer, larger communities in growth markets while freeing...