Yorkton Equity Group Inc. (TSXV:YEG)

Real Estate

Yorkton Equity Group Inc., also known as YEG, is a real estate investment firm that deals in multifamily rental properties throughout Canada, specifically in British Columbia. Incorporated in March 2016, Yorkton Equity Group is a public company listed on the TSX Venture Exchange under the trading symbol YEG.

The Edmonton-based real estate company is engaged in the acquisition and management of accretive multifamily rental assets located in key markets across Canada. YEG operates fully integrated and high-impact real estate investments with a focus to upsize its asset holdings via organic growth and active management of significant rental assets in order to provide wide exposure and stable earnings to its shareholders.

The company’s projects portfolio includes the following assets:

• Larson Place, Townhouse Complex in Kelowna

• Prime Langford Apartments in Victoria

• Pacific Mall – Yorkton Twin Towers in Edmonton

• Riviera Gardens, apartment condos in Edmonton

• Yorkton 108 Surrey City Centre Development Project

Yorkton Equity Group leverages its economic fundamentals to identify, acquire and manage investment grade residential real estate properties, likely to be at an early stage, in key strategic areas like Metro Vancouver, Kelowna, Metro Victoria, etc. The company aims to earn a stable net operating income (NOI) and increase its multiple-family residential rental assets in its projects portfolio.

In September 2021, the company strategically acquired the upscale condo grade Langford Apartments situated in Metro Victoria. Along with the acquisition, it mentioned the plan to acquire additional properties with significant upside potential and robust cash flows.

YEG says that the predicted post-COVID boom, conventionally low interest rates and expected rise in immigration levels declared by the government, open real estate opportunities, and the company is planning to exploit it. The British Columbia-focused real estate investor applies an aggressive acquisition approach based on strong financial management and a risk-averse business model. The Yorkton Group-backed company has good financial capacity and management with more than 30 years in the real estate sector.

Contact Information

company address 3165 Manulife Place 10180-101 Street Edmonton, AB, Canada T5J 3S4

company phone780-409-8228

company email[email protected]

company websitehttps://yorktonequitygroup.com/

Similar Companies

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK