TSX:SIAHealthcare
Should Sienna Senior Living’s C$125M Streetsville Expansion Plan Require Action From (TSX:SIA) Investors?
Sienna Senior Living Inc. has announced plans to proceed with a long-term care redevelopment at its Streetsville Community in Mississauga, Ontario, replacing 118 existing beds and adding 138 new ones for a 256-bed facility, with construction targeted to begin in early 2027 and completion expected in late 2029, subject to government approvals.
The approximately C$125,000,000 project, carrying an estimated 8.0% development yield, advances Sienna’s broader Greater Toronto Area modernization...