We’re strategically entering the recreational and RV park sector in Ontario, attracted by its strong fundamentals, stable cash flow profile, and long-term growth potential. Supported by resilient and growing demand, the sector benefits from consistent performance through economic cycles, as budget-conscious leisure and travel remain a durable trend.
With relatively straightforward operations, these assets also present clear opportunities for value enhancement through thoughtful improvements – such as upgraded connectivity, streamlined booking systems, and enhanced guest amenities. These initiatives can meaningfully improve the overall experience while unlocking additional operational efficiency and returns.
To support this strategy, we have partnered with Revita Asset Management Inc., a seasoned operator with deep market knowledge and hands-on expertise. Our focus is on acquiring and enhancing quality parks across Ontario, building a scalable and diversified asset base over time.
“We see strong fundamentals in the recreational and RV park sector – from consistent demand to operational scalability – making it a natural extension of our real estate investment strategy.”
Marc Canale, President & Chief Executive Officer