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NexLiving and Devcore Strike Alliance Involving 16 Properties

Halifax-Based NexLiving To Issue Shares in Return for Real Estate
Halifax-based NexLiving, headquartered at this downtown office tower, has struck a deal with Devcore Group of Quebec for 16 properties. (CoStar)
Halifax-based NexLiving, headquartered at this downtown office tower, has struck a deal with Devcore Group of Quebec for 16 properties. (CoStar)
CoStar News
January 22, 2024 | 11:10 P.M.

NexLiving Communities, a publicly traded multifamily real estate firm based in Halifax, Nova Scotia, agreed with Gatineau, Quebec-based Devcore Group to buy 16 properties in Quebec and Ontario in exchange for 49% of NexLiving's outstanding shares valued at about $31.7 million.

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