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Gulf & Pacific Equities ( (TSE:GUF) ) just unveiled an announcement.
Gulf & Pacific Equities Corp. reported a slight decrease in revenue for the second quarter of 2025, with earnings of $1,124,742, down 1.7% from the previous year. Despite the dip in revenue, the company announced a significant development with the signing of a long-term lease with La Vie en Rose for its Tri-City Mall, expected to open in the fourth quarter. This strategic move, along with leases to local entrepreneurs, underscores Gulf & Pacific’s commitment to enhancing its retail offerings and strengthening its market position in Western Canada.
More about Gulf & Pacific Equities
Gulf & Pacific Equities Corp. is a company focused on acquiring, managing, and developing anchored shopping centers in Western Canada’s rural centers, particularly in Alberta. The company targets smaller, rapidly growing hub communities with essential infrastructures like hospitals and schools. It owns retail assets in Three Hills, St. Paul, and Cold Lake, Alberta.
Average Trading Volume: 5,500
Technical Sentiment Signal: Buy
Current Market Cap: C$9.74M
See more data about GUF stock on TipRanks’ Stock Analysis page.