News Releases
2024 News
December 19, 2024
Parkit Completes Acquisition of Industrial Asset in Ottawa
Parkit Enterprise Inc. (“Parkit”) (TSXV: PKT), is pleased to announce it has completed the acquisition of one industrial asset from an arm’s length vendor (the “Vendor”), for an aggregate purchase price of $9,500,000, subject to customary adjustments (the “Acquisition”). 1650 Comstock Rd, Ottawa, Ontario The Acquisition consisted of 1650 Comstock Rd, Ottawa, Ontario (the “Property”)....
November 7, 2024
Parkit Enterprise Reports Q3 2024 Results
Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT), is pleased to report its third quarter 2024 results. Steven Scott, Chair of Parkit, commented: “Parkit continued to grow its net rental income and margins in Q3 2024, resulting in a same property NOI increase of 16% for the quarter. We renewed 70,000 square feet of...
August 9, 2024
Parkit Enterprise Reports Q2 2024 Results
Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT), is pleased to report its second quarter 2024 results. Steven Scott, Chair of Parkit, commented: “Parkit closed its previously announced acquisition in Winnipeg, MB and continued to grow its net rental income and margins in Q2 2024, resulting in a same property NOI increase of 16%...
May 7, 2024
Parkit Enterprise Reports Q1 2024 Results
Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT), today reported the Company’s first quarter 2024 results. Steve Scott, Chair of Parkit, commented: “Parkit continued to improve its net rental income and margins through successful negotiations with existing and new tenants and by integrating the $100 million of assets purchased last year. Subsequent to Q1,...
April 3, 2024
Parkit Completes Acquisition of Industrial Asset in Winnipeg
Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT), is pleased to announce that, further to its November 15, 2023 news release, it has completed the acquisition of one industrial asset from a vendor (“Vendor”) for an aggregate purchase price of $6,300,000, subject to customary adjustments (the “Acquisition”). 961-975 Sherwin Rd, Winnipeg, Manitoba The...
March 25, 2024
Parkit Announces Normal Course Issuer Bid
PARKIT ENTERPRISE INC. (“Parkit” or the “Corporation”) (PKT-TSX-V) is pleased to announce that it has received conditional acceptance from the TSX Venture Exchange to renew its Normal Course Issuer Bid (“NCIB”) to purchase for cancellation, during the 12-month period starting March 28, 2024, up to 11,394,158 of the outstanding common shares of the Corporation (the...
March 7, 2024
Parkit Enterprise Reports Fiscal 2023 Annual Results; Highlighting Acquisitions; Provides 2024 Outlook
Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT), today reported the Company’s full year 2023 audited results. Steve Scott, Chair of Parkit, commented: “Parkit continued to improve its net rental income and margins by integrating the $100 million of assets purchased this year and through successful negotiations with existing and new tenants. With 97%...