Fengate Asset Management and Tilbury Properties are set to construct a new student residence at Lambton College in Sarnia to accommodate 311 students by September 2027.
Target Information
Fengate Asset Management, alongside Tilbury Properties, has successfully reached financial closure on a new student residence located at Lambton College in Sarnia. This innovative residence is set to provide essential accommodation for 311 college students upon its anticipated opening in September 2027. Fengate and Tilbury were awarded the contract to design, construct, finance, operate, and maintain the residence following a competitive procurement process.
Fengate is managing this investment through the Fengate Infrastructure Yield Fund, which includes contributions from LiUNA’s Pension Fund of Central and Eastern Canada. Lambton College, recognized globally for its excellence in education, innovation, and applied research, serves as the only postsecondary institution in Lambton County, significantly impacting the community by fostering economic development, supporting social and environmental innovation, and providing quality education to a diverse student body.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
Industry Overview in Canada
The student accommodation industry in Canada has witnessed substantial growth in recent years, driven by increasing enrollment rates in postsecondary education and a growing demand for modern living spaces among students. As institutions strive to enhance th
Similar Deals
Concert-Bird Partners → Five Alberta High Schools
2021
Regenerative Capital Group → Raven Rescue Safety Medical Inc.
2025
Fengate Asset Management, Tilbury Properties
invested in
Lambton College student residence
in 2025
in a Public-to-Private (P2P) deal