October 03, 2013 // Franchising.com // TORONTO – Royal LePage Real Estate Services (Royal LePage) today announced the acquisition of Prudential Real Estate operations in four regions of Ontario, Canada that will operate under the Royal LePage banner, effective September 30, 2013.
“We are delighted to have these teams of highly regarded professionals join our company,” said Phil Soper, President and CEO, Royal LePage. “In each of these regions — Ottawa, Kingston, Niagara and Oakville — Royal LePage is already the leading real estate firm. This position of market leadership has been further strengthened with this bold move.”
“Building on Royal LePage’s cross-Canada momentum, these mergers are a clear win for our new Realtors™ and their clients,” said Mr. Romanese.
Mr. Soper concluded, “No Canadian firm can match the incredible growth of Royal LePage over the past decade. That these high performing real estate brokers and agents would choose to join our company does make sense for their careers; nonetheless, we are grateful that they have placed their trust in us and intend to repay that trust by helping them to offer their clients peerless advice, counsel and service.”
Serving Canadians since 1913, Royal LePage is the country’s leading provider of services to real estate brokerages, with a network of 14,500 real estate professionals in over 600 locations nationwide. Royal LePage is the only Canadian real estate company to have its own charitable foundation, the Royal LePage Shelter Foundation, dedicated to supporting women’s and children’s shelters and educational programs aimed at ending domestic violence. Royal LePage is a Brookfield Real Estate Services Inc. company, a TSX-listed corporation trading under the symbol TSX:BRE.
For more information, visit www.royallepage.ca.
SOURCE Royal LePage
Director, Global Communications & Public Relations
Royal LePage Real Estate Services