- What Anthem has closed an IPO for its mixed-use project in Burnaby, B.C.
- Why The company has reached its $82m target
- What next Construction of Citizen has begun
Anthem Properties has closed the initial public offering it launched to finance a 66-storey mixed-used residential development in Burnaby, B.C.
Since the September launch, Anthem has reached its $82m target. CIBC Capital Markets acted as sole agent.
Citizen, in the city’s Metrotown town centre, will have a mix of market, rental and affordable housing. It will be anchored by a hotel and have retail space. Construction has begun.
