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Parkit Enterprise ( (TSE:PKT) ) just unveiled an update.
Parkit Enterprise Inc. has completed the acquisition of a multi-tenant industrial building in Edmonton, Alberta, marking its entry into the Edmonton market. The property, which spans approximately 100,000 square feet and is fully tenanted, offers in-place cash flows and potential rent escalations, aligning with Parkit’s strategy to expand its portfolio in key urban markets.
The most recent analyst rating on (TSE:PKT) stock is a Buy with a C$0.80 price target. To see the full list of analyst forecasts on Parkit Enterprise stock, see the TSE:PKT Stock Forecast page.
More about Parkit Enterprise
Parkit Enterprise is an industrial real estate platform focused on acquiring, growing, and managing strategically located industrial properties across key urban markets in Canada. Additionally, Parkit holds parking assets in various markets within the United States. The company’s common shares are listed on the TSX-V under the symbol PKT.
Average Trading Volume: 141,795
Technical Sentiment Signal: Buy
Current Market Cap: C$132.7M
See more insights into PKT stock on TipRanks’ Stock Analysis page.