NexLiving Communities Inc (TSE:NXLV) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
NexLiving Communities Inc. announced a positive shareholder vote, with approximately 93.5% in favor, for a transaction involving the acquisition of a 16-property, 991-unit portfolio from Devcore Group in eastern Ontario and Québec. The deal is progressing towards a Q2 2024 closure, pending final TSXV approval and other conditions. NexLiving continues its strategy of acquiring and modernizing multi-residential properties to provide affordable, high-quality housing in Canada.
For further insights into TSE:NXLV stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue