ClunyGroup is an investment company, with in depth experience in real estate development, ownership and management. The Group is active in Canada and China.

Atlantic Canada Portfolio

ClunyGroup, through multiple closely held Limited Partnerships, owns a commercial and multi-residential portfolio in St John's Newfoundland. Previously it acquired and operated a similar portfolio in Halifax, Nova Scotia.

The Group's investment strategy for both portfolios has been to undertake large scale physical upgrades to the buildings and reposition each property by attracting quality tenants, thereby achieving higher rents and increasing the overall valuation of the asset. All properties are held for the mid-term and subsequently liquidated.

The St John's portfolio is currently in the final stages of divestment, in accordance with its original investment mandate.

China Project, Pilot City - Wuhan, PRC

The Group's most recent development project focused on opportunities within central China, where it invested two and a half years and significant resources investigating all aspects of the Chinese real estate market before committing to a project.

ClunyGroup China Investment Fund and its joint venture partner Yueyang Rainbow Real Estate Development Inc. secured critical government support for their Pilot City Project from the City of Wuhan. At 11 million inhabitants, Wuhan is central China’s largest city and the lynchpin of the country’s transportation network.

The Pilot City Project is adjacent to a station on the subway line serving Wuhan's International Airport, the busiest airport in central China. The 90,000 square metre, 300 million RMB, mixed-use project consists of residential condos, at-grade retail and a hotel.

The project was completed in 2017 and profit distribution received by March of 2018.