MONTREAL, Feb. 4 /CNW Telbec/ - Capital BLF inc. (TSX-V: BLF) (the « Corporation ») announces today the acquisition of a multi-residential property
located in Montréal, for a purchase price of $1,800,000, excluding
Multi-residential property - 9565 Lajeunesse, Montreal, Québec
The property is comprised of 26 units and was built in 1972. It is
located near major roads and within walking distance of Ahuntsic
College and the Sauvé metro station. In addition, the Agence Métropolitaine de Transport expects to have daily commuter train services towards downtown Montréal
in place by 2012 on the nearby railway tracks.
"We are delighted with this acquisition. It is in line with our
strategic vision, being the investment in urban sectors well serviced
by public transportation and unaffected by the inconveniences related
to urban sprawl" said Mr. Claude Blanchet, President and Chief
Executive Officer of the Corporation.
The TSX Venture Exchange has in no way passed upon the merits of the
transaction and has neither approved nor disapproved the contents of
this press release.
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as the term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
SOURCE CAPITAL BLF INC.
For further information:
Mr. Pierre L. Martel
Chief Financial Officer and Secretary