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Vinci Park becomes biggest car park operator in Ottawa

Paris-based Vinci Park, a unit of Vinci SA, has just acquired the contract portfolio of the Master Park company. This acquisition covers 23 contracts accounting for a total of 2,400 parking spaces in Ottawa. Over half of the car parks concerned are managed under long-term commercial leases, giving Vinci Park a sustained presence at their sites.

Vinci Park will be managing nearly 25,000 parking spaces at 67 sites in Ottawa, making it the city's leading parking operator. Vinci Park is thus consolidating its leadership in parking in eastern Canada, Quebec and Ontario.

In addition, Vinci Park has just signed a 10-year contract to manage the 1,032-space underground car park at the Place Québec in the heart of Quebec's Upper Town.



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