Company's owned-brokerage arm expands to British Columbia
TORONTO, Nov. 18, 2013 /CNW/ - Royal LePage today announced the
acquisition of real estate companies located in Coquitlam, Port
Coquitlam and Surrey. These brokerages will operate as Royal LePage West Real Estate Services, effective November 18, 2013.
All offices of the former Royal LePage Coronation Park and Royal LePage
Coronation West companies will become part of Royal LePage West Real Estate Services.
"This move represents a vote of confidence in the British Columbia and
Lower Mainland real estate markets," said Phil Soper, President and
CEO, Royal LePage. "Our one hundred year old firm has been helping
Canadians realize their property goals for generations. This
investment, coupled with the commitments from our locally owned and
operated Royal LePage offices, is destined to change the face of
residential and commercial brokerage in the region."
Senior Vice President Gino Romanese, who leads Royal LePage's brokerage
operations, noted the advantages of these additions to the corporate
portfolio. "These acquisitions will significantly augment our
company-owned brokerage operations, already among the largest in the
nation. That this is the first time in more than a decade that Royal
LePage has opened a new company-owned branch outside of the Toronto
area will not be lost on the industry."
About Royal LePage
Serving Canadians since 1913, Royal LePage is the country's leading
provider of services to real estate brokerages, with a network of
14,500 real estate professionals in over 600 locations nationwide.
Royal LePage is the only Canadian real estate company to have its own
charitable foundation, the Royal LePage Shelter Foundation, dedicated
to supporting women's and children's shelters and educational programs
aimed at ending domestic violence. Royal LePage is a Brookfield Real
Estate Services Inc. company, a TSX-listed corporation trading under
the symbol TSX:BRE.
For more information, visit www.royallepage.ca.
SOURCE: Royal LePage Real Estate Services
For further information:
Director, Global Communications & Public Relations
Royal LePage Real Estate Services