A new strategic joint venture facilitated by Colliers has secured Osaka-headquartered Hankyu Hanshin Properties Corp.’s entry into the Canadian market.
Based in Japan, Hankyu Hanshin Properties Corp. has a number of strategic international partnerships with developers across the globe. Colliers introduced Hankyu Hanshin Properties Corp. to Canadian real estate developer Graywood Developments to assist in concluding a joint venture agreement to develop high-quality residential projects within the Greater Toronto Area, drawing on Graywood’s extensive experience in the Canadian residential development space and Hankyu Hanshin Properties’ global expertise.
To mark their first collaboration, Hankyu Hanshin Properties will partner with Graywood on the development of Claystone, a seven-story condominium development comprising about 157 units located in Oakville, Ontario.
“This is an important first step for Hankyu Hanshin Properties Corp. to enter a new market,
