Avison Young is very pleased to announce the acquisition of Devencore Investments Inc. and all its subsidiaries (which conduct commercial real estate services business in the Greater Montreal Region) together with the Devencore name and all trademarks. Devencore licensees in other markets will continue to operate under the Devencore name for a limited period of time in order to plan for a proper transition. Click here to read the press release.

Devencore licensees are uniting Coast to Coast under one name and a fresh look. Stay tuned for the announcement.


Unlock the unrealized value of your real estate

A sale-leaseback involves the sale of a real estate asset that you own while establishing a long-term lease agreement with the new purchaser to keep using the space.

In today’s economic environment where cash-flow is a challenge, a sale-leaseback may prove to be an advantageous solution for companies that own their real estate.

Why do a sale-leaseback?

A sale-leaseback is an effective tool to unlock the unrealized value of your real estate, while continuing to enjoy its use. This will generally result in greater liquidity than conventional financing or refinancing.

  • Typically results in greater financing than conventional financing
  • Improves the financial flexibility of the company
  • Allows for repayment or restructuring of debt
  • Monetizes the value of the property to be redeployed in operations
  • Provides a means of financing growth internally or through acquisition

The typical lease term is ten years, followed by renewal options that may be combined with a buy-back option over time. The lease associated with this type of transaction is normally triple net.


For more information about Sale-Leaseback options,

please contact:

- Ontario -
Rob Renaud  |  905-330-1375
         - Quebec & Maritimes -
          Richard Breton  |  514-392-9702
          - Western Canada -
          Agron Miloti  |  403-265-9966


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