After the jackpot, the bet
https://www.lapresse.ca/affaires/entreprises/2022-06-15/apres-le-pactole-le-pari.php With a gain of 100 million from Cominar, businessman George Armoyan acquires 10% of Knight Therapeutics After making a profit of nearly $100 million in less than two years with Cominar during the pandemic, Montreal businessman George Armoyan is turning his attention to another Quebec company. This time, he paid tens of millions to […]
He just bet 150 million on Cominar
https://www.lapresse.ca/affaires/2020-11-10/immobilier/il-vient-de-miser-150-millions-sur-cominar.php# This Syrian-born Armenian entrepreneur began buying Cominar shares shortly after the pandemic began. After buying ten million of them last week, he now owns more than 20 million, making him the largest holder of shares in the Quebec real estate trust, and the only one with a stake of more than 10%. At the current price, […]
Nearly $10M committed to Halifax cultural hub
https://www.cbc.ca/news/canada/nova-scotia/10-million-cultural-hub-former-trade-centre-halifax-1.4940122 Ottawa and the Nova Scotia government announced Monday they would provide close to $10 million for a so-called cultural hub in downtown Halifax. The new facility — slated to have a performance stage, dance studio, TV production centre and office spaces for non-profit cultural groups — will be constructed in the former World Trade and Convention Centre on […]
ENTREVESTOR: Armoyan wants more participation in new economy
George Armoyan feels like he’s gone back to school every time he attends a Creative Destruction Lab session. Armoyan was trained as an engineer and has made his fortune in real estate development. Yet he is now one of the fellows at CDL-Atlantic and is becoming more involved with the program in Toronto. That means this developer is getting more involved in innovation, and he’s part of a trend.
World Trade and Convention Centre could become a cultural hub
https://www.cbc.ca/news/canada/nova-scotia/word-trade-convention-centre-nova-arts-culture-hub-armco-1.4057304 The grand ballroom of Halifax’s World Trade and Convention Centre could be converted into a 9,000-square-foot motion picture studio and a 250-seat auditorium for dance, music, theatre and film. If all goes according to plan, Culture Link Inc., a new organization committed to creating spaces for the arts community in Atlantic Canada, will lease the […]
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© 2023 Armco Capital INC , All Rights Reserved
Developing and investing in high-quality real estate properties, projects and companies that are shaping the future in dynamic cities across North America
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