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Regent Pacific Properties Inc V.RPP

Regent Pacific Properties Inc. is a Canada-based real estate development and investment company. The Company is engaged in the rental of commercial and residential real estate properties located in Canada. All the properties are in one region: Edmonton, Alberta. The Company also invests in residential and commercial properties located in Edmonton, Alberta. The Company has a portfolio consisting of about 72,675 square feet three-story commercial office tower and attached single-story bays with an underground parking facility (Cassel Centre), located in Edmonton, Alberta. It also has two residential condominium units located in Edmonton, Alberta. The Company seeks to expand its portfolio of income-producing properties.


TSXV:RPP - Post by User

Regent Pacific Properties Inc > Question?
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Comment by luigi17on Sep 11, 2000 10:18pm
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Post# 2474308

RE: Question?

RE: Question? Think this should be clarified. As far as I understand when UPM takes over they will buy all shares at .20Can for a total price of 160million. At this point there will no longer be any Repap shares on the market....period.......... The big Question is who or why is anyone buying at .21. If it is UPM then why has this not been in the news and likewise if anyone else acquires over 10% interest then this should be made public. Can only guess that there are lots of speculators out there who believe there is another offer coming!!!!!
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