en.Wedoany.com Reported - Canadian global real estate company Jesta Group recently announced the completion of a real estate transaction, acquiring a bulk condominium portfolio in Toronto for C$30 million, consisting of unsold developer inventory. The company stated that this real estate transaction is one of the first of its kind in Toronto.

This real estate transaction marks Jesta Group's official entry into the Toronto residential market and launches a C$500 million acquisition plan targeting over 1,000 condominium units within the next 12 months. The acquired condo portfolio is located near Toronto Metropolitan University, within walking distance of transit hubs, shopping, and recreational amenities, though the specific address was not disclosed.

Jesta Group stated it is actively seeking additional bulk acquisitions of existing developer condo inventory across downtown Toronto, partnering with select family offices and institutional investors. Anthony O'Brien, Senior Managing Director of Jesta Group, said: "Toronto's fundamentals remain strong, and the current market environment has created a unique window for deploying capital at scale. We are actively pursuing real estate transaction opportunities that align with this investment philosophy and encourage developers holding qualifying inventory to contact us directly."

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