Genesis Land Dev (TSE:GDC) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Genesis Land Development Corp. has announced the sale of a 40% stake in its Huxley residential development project in Calgary to two local home builders, with the deal valued at $21.4 million. The 160-acre Huxley project, set to feature around 1,400 homes, has received necessary approvals and development has begun. The partnership promises to enhance collaboration and benefit future residents with quality homes in the burgeoning Belvedere community.
For further insights into TSE:GDC stock, check out TipRanks’ Stock Analysis page.