Tribe Property Technologies Expands Rental Portfolio with Ace Agencies Acquisition

Tribe Property Technologies ( (TSE:TRBE) ) has shared an update.

Tribe Property Technologies has announced the acquisition of Ace Agencies, a residential single unit rental property management firm based in Abbotsford, British Columbia. This acquisition is expected to significantly expand Tribe’s single-unit rental portfolio by 275%, enhancing its service offerings in the Fraser Valley and Greater Vancouver regions. The move is anticipated to strengthen Tribe’s market position in rental property management and address the growing demand for professional management services in the real estate sector.

The most recent analyst rating on (TSE:TRBE) stock is a Buy with a C$2.25 price target. To see the full list of analyst forecasts on Tribe Property Technologies stock, see the TSE:TRBE Stock Forecast page.

More about Tribe Property Technologies

Tribe Property Technologies Inc. is a leading provider of technology-elevated property management solutions, offering comprehensive services for managing over 50,000 homes across Canada. The company focuses on tech-enabled property management solutions for multi-family communities.

Average Trading Volume: 110,746

Technical Sentiment Signal: Sell

Current Market Cap: C$18.37M

For a thorough assessment of TRBE stock, go to TipRanks’ Stock Analysis page.