- Parkit Enterprise ( OTCPK:PKTEF ) has entered into an asset purchase pact, with two private entities to purchase a portfolio of 10 industrial properties located in Winnipeg and Saskatchewan for an aggregate purchase price of $90.25M.
- The Vendor is not a related party to Parkit and the acquisition constitutes an arm's length deal.
- The purchase price will be satisfied with a mortgage and funds on hand.
- The deal is expected to occur in Q1 of 2023.
For further details see:
Parkit Enterprise to acquire $90.3MM portfolio of 10 industrial assets in Winnipeg and Saskatchewan