Revera Inc

History

Our history traces back to a single personal care home in Winnipeg Manitoba that opened in 1961 It was named for the park it overlooked As Central Park Lodges CPL the business grew to include a number of privately owned nursing and retirement residences

Since our quiet beginning we have worked to become a leading provider of seniors services in both Canada and the United States

Key milestones in our history

In 1969 CPL was acquired by Trizec Corporation

In September of 1994 CPL was sold by Trizec Corporation At that time our business consisted of 14 retirement residences and 11 long term care homes located in five provinces across Canada along with a home health care business In May of 1997 our long term care business went public on the Toronto Stock Exchange TSX as CPL Long Term Care REIT By the end of 2000 we were the largest nursing home operator in Ontario

In July of 1998 CPL REIT began expanding into the United States with the acquisition of two skilled nursing centers in Washington State Since that time we have grown to over 40 US centers

In April of 2001 our retirement and home health care businesses also went public on the TSX as Retirement Residences Real Estate Investment Trust Retirement Residences REIT In 2002 Retirement Residences REIT acquired CPL REIT and combined the two organizations

In January of 2007 Public Sector Pension Investment Board acquired Retirement Residences REIT Retirement Residences REIT was delisted from the TSX in April 2007

In March of 2008 Retirement Residences REIT completed a corporate rebranding to become Revera Inc