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FTQ sells Galeries Laval shopping centre

Construction pension fund parts ways with property bought 13 years ago
The Galeries Laval shopping centre is has an assessed value of about $68.8 million. (CoStar)
The Galeries Laval shopping centre is has an assessed value of about $68.8 million. (CoStar)
CoStar News
December 9, 2024 | 3:48 P.M.

The Fonds de Solidarité FTQ, a Quebec pension fund that manages about $20 billion in assets for 785,000 construction industry employees, has sold its Galeries Laval shopping centre 13 years after purchasing it from developer Tony Accurso.

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