Clarification: 3,985 units under construction totalling $700 million in investment at Réseau Sélection

LAVAL, QC, April 4, 2016 /CNW Telbec/ - Contrary to the figures published in the April 2, 2016 issue of Les Affaires newspaper on page 20 of the report entitled "Immobilier: résidences pour aînés" (Real estate: seniors' housing), Réseau Sélection currently has 3,985 units under development or construction, representing a total investment of $700 million.

The confusion may have arisen from Réseau Sélection's mid-March 2016 announcement of the official launch of five new projects valued at $250 million involving nearly 1,200 units in the municipalities of Vaudreuil-Dorion, Rock Forest in Sherbrooke, Granby, Deux-Montagnes and Sainte-Dorothée.

At a 2015 Board of Trade of Metropolitan Montreal strategic forum, Réal Bouclin, Founder and President of Réseau Sélection, unveiled the company's five-year plan to invest $2 billion in the development of 12,000 new units.


SOURCE Réseau Sélection

Image with caption: "Logo: Réseau Sélection (CNW Group/Réseau Sélection)". Image available at:

For further information: Céline Abric, Advisor, Public Relations and Internal Communications, Réseau Sélection, Tel.: 450 902-2000, ext. 2449,;


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