Couche-Tard Scion Bets on Property to Diversify Family Fortune.

The son of Alimentation Couche-Tard Inc. co-founder Richard Fortin, Eric Fortin, is expanding the family's retail fortunes by investing in Quebec's real estate market through his firm, Kastello Immobilier. Kastello has invested in various projects, including a luxury housing tower in downtown Montreal, and plans to add more rental units in the coming years. The Fortin family aims to diversify their assets beyond their convenience store empire, with Eric and Richard Fortin owning a significant stake in Couche-Tard. The rental market in Quebec has seen robust growth due to an influx of immigrants, with Kastello's properties maintaining low vacancy rates and turning a profit. [Extracted from the article]