Avanew is a wholly-owned subsidiary of Core Development Group. Avanew’s focus is to acquire, renovate, and develop urban and suburban residential rental assets to address the growing demand for more affordable residential living and innovative housing options throughout Canada. Avanew REIT’s vision is centred on addressing Canada’s need for affordable and accessible rental housing through two innovative approaches. 

The Single Family Rental strategy seeks to acquire and enhance underutilised properties, making them more habitable as well as highly desirable. This includes incorporating features that include enhanced energy efficiency, life-safety improvements and modern amenities. 

Avanew’s co-living model, launching first in Ontario, offers thoughtfully designed, fully furnished living spaces for residents who seek affordability and community. These co-living spaces cater especially to young professionals and lifestyle-focused renters, integrating communal and private living spaces to enhance affordability and social connectivity. 

Avanew is growing its portfolio by focusing on areas with strong economic and demographic growth while experiencing limited housing supply. By bolstering and scaling its assets, Avanew establishes a cohesive management approach that ensures high standards of tenant experience. Through Fund III, Avanew is set to expand its footprint across Ontario further, positioning itself as a leader in Canada’s rental market.

Find out more at https://www.avanew.ca