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Keltic Canada Development Co. Ltd. acquires Brighouse West Business Park in C$300 million transaction

Fasken
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Overview

Client

Keltic Canada Development Co. Ltd.

On December 7, 2021, Keltic Canada Development Co. Ltd. (“Keltic Canada”) announced their acquisition of Brighouse West Business Park (“Brighouse”) – a 27-acre site next to Richmond Oval, for C$300 million.

Keltic Canada plans to use the substantial commercial and industrial site located next to the Richmond Oval to create a vibrant mix of commercial, residential and industrial uses.

We advised Keltic Canada with a team led by Sergio Custodio and Laura Smith and included Kristian Arciaga and Cara Chu (M&A, Real Estate), and Anthony Baldanza and Robin Spilette (Competition).

Jurisdiction

  • British Columbia

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