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Mccredie Investments Announces Signing Of Purchase Agreement For Acquisition Of Sutton Group Realty Services Ltd., Ushering In A New Era For Canadian Real Estate

PRIVATEDec 07, 2023

Acquiring Company

McCredie Investments

Acquired Company

Sutton Group Realty Services Ltd

VancouverBurnabyReal EstateReal Estate

Description

McCredie Investments, led by real estate entrepreneur Ross McCredie, is delighted to announce the signing of a purchase agreement for the acquisition of Sutton Group Realty Services Ltd., signaling a pivotal step towards a transformative shift in the Canadian real estate landscape. This strategic move underscores a commitment to advanced technology, customer experience, and fiduciary innovation within the industry.

Quick answer

McCredie Investments is acquiring Sutton Group Realty Services Ltd, announced December 7, 2023. McCredie Investments is based in Vancouver, Washington, United States.

How much did McCredie Investments pay for Sutton Group Realty Services Ltd?
The deal value was not disclosed.
What does McCredie Investments do?
‍McCredie Investments is a boutique investment and advisory firm specializing in cutting-edge real estate services and technology.
Where are McCredie Investments and Sutton Group Realty Services Ltd based?
McCredie Investments is based in Vancouver, Washington, United States. Sutton Group Realty Services Ltd is based in Burnaby, British Columbia, Canada.

Source: Fundz verified event record.

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Company Information

Company

McCredie Investments

Location

Vancouver, Washington, United States

About

‍McCredie Investments is a boutique investment and advisory firm specializing in cutting-edge real estate services and technology. With a global presence, it has played a pivotal role in significant investments and advisory positions across various countries, including the UAE, India, Croatia, and Canada. Notable achievements include facilitating the industry-changing sale of Pacific Union & The Mark Company to Compass and its involvement in the Revelstoke Mountain Resort. McCredie Investments is also recognized for creating the Cornerstone Platform with Axiom Zen, a blockchain-enabled real estate data and transactional technology platform.

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Frequently asked

Who acquired Sutton Group Realty Services Ltd?

Sutton Group Realty Services Ltd was acquired by McCredie Investments, based in Vancouver. The deal was reported on December 7, 2023. ‍McCredie Investments is a boutique investment and advisory firm specializing in cutting-edge real estate services and technology. McCredie Investments is privately held and operates in Real Estate.

When did McCredie Investments acquire Sutton Group Realty Services Ltd?

McCredie Investments's acquisition of Sutton Group Realty Services Ltd was reported on December 7, 2023. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Sutton Group Realty Services Ltd do?

In 1983, the first Sutton office opened in North Vancouver, BC. Today, Sutton's strength is its REALTORS®, more than 7,500 in over 200 franchises who conduct over $35 billion in real estate transactions annually. It is privately held, operating in Real Estate, and is based in Burnaby.

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