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Press releases

June 21, 2016

Prével launches the final phase of Lowney sur Ville – the continuation of Lowney, the pioneering project which began in 2004 and ignited the revitalisation of Griffintown.

Prével put the final 104 units at Lowney sur Ville up for sale, marking the end of a symbolic project which contributed tremendously to the revitilization of Griffintown. This final phase follows Lowney, a pioneering project in the area, which began with a transformation of the two Cherry Blossom chocolate factories in 2004. The Lowney and Lowney sur Ville projects now total 15 phases with more than 1,600 condos and urban lofts, all stemming from a partnership between Prével and the Fonds immobilier de solarité FTQ.

Created in 1983, the Fonds de solidarité FTQ is a development capital fund that calls upon the solidarity and savings of Quebecers to help fulfill its mission to contribute to Québec's economic growth by creating and protecting jobs through investments primarily in small and medium-sized businesses in all spheres of activity.

The Fonds also seeks to encourage Quebecers to save for retirement and to offer its over half a million shareholders-savers a reasonable return over and above the outstanding tax benefits they receive for purchasing Fonds shares. A leading purveyor of unsecured risk capital (growth and venture capital), the Fonds continues to drive our economy.