Fasken advised Brivia Group in connection with this partnership.
On March 30, 2021, Brivia Group, a large real estate promoter with a growing number of large-scale projects in Montreal, Quebec City and Toronto, announced the signing of a strategic partnership with Ipso Facto Real Estate Fund to develop the first phase of the 1 Square Phillips residential project, the tallest residential tower composed of luxury condominiums and rental units in downtown Montreal.
Construction of the first phase of 1 Square Phillips is valued at $560 million and began in July 2020. Construction of this project is being carried out in tandem with the revitalization of Square Phillips recently announced by the City of Montreal, which aims to turn the area into a sought-after public space.
Ipso facto is a quebec-based group with a mission to invest in real estate development projects.
Brivia Group is a dynamic real estate development and investment group with a fast-growing portfolio of real estate development projects in the Montreal region.
The Fasken team comprised of Peter Villani (Picture), Ponora Ang and Richard Clare.
Law Firms: Fasken Martineau;
Clients: Brivia Management Inc.;