Cominar Reit exploring options for Montreal's Central Station
Add BT as a preferred sourceToronto
COMINAR Reit has hired bankers to explore options - including a possible sale - for Montreal's main railway hub as it strives to boost valuations, according to sources.
The Quebec City-based Reit hired advisers including Bank of Montreal to examine a potential sale of Central Station, according to the sources. Given the complexity of the mixed-used site, Cominar is exploring other options such as densification.
The historic Montreal subway and Via Rail station complex, located at 895 Rue de la Gauchetiere Ouest, serves an inter-city and commuter hub for about 50 million people a year and is located in the heart of Canada's second-biggest city.
The station opened in 1943 and is the headquarters for Canadian National Railway Co, Canada's largest railway. BLOOMBERG
Share with us your feedback on BT's products and services
TRENDING NOW
National Day Rally: 8 things to know, from more childcare leave to higher BTO income ceiling
How BYD disrupted Singapore’s car market – and why the strategy is turning on itself
NDR 2026: Every Singaporean child to get direct financial support from birth to age 17
When every phone becomes a satellite phone, what happens to Asia’s telcos?
