Sienna Senior Living forms joint venture with Fiera Infrastructure for Ontario long-term care redevelopments

• Sienna formed a 50-50 limited-partnership joint venture with Fiera Infrastructure’s Canadian Built Opportunities Fund to accelerate Ontario long-term care redevelopments.
• Initial pipeline targets about $625 million in aggregate construction costs; Glen Rouge, Streetsville projects under review total about $375 million in development costs.
• Fiera to buy 50% stakes in select projects at construction start, subject to regulatory approvals.
• Projects to be funded through equal equity from both partners, supported by project-level debt.
• Sienna to act as development manager during construction, operating manager after completion on behalf of the JV.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sienna Senior Living Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608041605PRIMZONECNPR____9803613) on August 04, 2026, and is solely responsible for the information contained therein.