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Parkit Enterprise Inc V.PKT

Alternate Symbol(s):  PKTEF

Parkit Enterprise Inc. offers an industrial real estate platform focused on the acquisition, growth and management of strategically located industrial properties across key markets in Canada. In addition, it has parking assets across markets in the United States. Its segments include Industrial properties and Parking properties. The Industrial properties is engaged in the acquisition, management, and growth of industrial real estate in key markets in Canada. The Parking properties is engaged in the acquisition and management of income-producing parking facilities across the United States. Its industrial assets include 1551 Parisien Street, Ottawa, Ontario; 5610 Finch Ave East, Toronto, Ontario; 195 Henderson Dr, Regina, Saskatchewan, 961-975 Sherwin Rd, Winnipeg, and others. Its parking assets include Fly-Away Airport Parking, Z Airport Parking, Chapel Square Garage and Canopy Airport Parking Lot. Its portfolio also includes 1151 Parisien Street, 2 Ramm Ave, 1725 Inkster Blvd and more.


TSXV:PKT - Post by User

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Post by gimmethekeyson Jun 09, 2018 2:40pm
86 Views
Post# 28150159

Parkit expands board; welcomes new director; appoints board

Parkit expands board; welcomes new director; appoints board

VANCOUVERJune 7, 2018 /CNW/ - Parkit Enterprise Inc. ("Parkit" or the "Company") (TSXV:  PKT; OTCQX:PKTEF) is pleased to announce that it has increased the size of its board of directors from five to six and that it has appointed Elie Norowitz to fill the additional seat. About Elie:

 

Elie Norowitz: Mr. Norowitz is the Vice President of Finance at Turnbridge Equities, a New York City based, privately-held full service real estate investment and development firm. Prior thereto, Mr. Norowitz was the Controller for 54 Madison Partners, a New York City based real estate private equity investment vehicle, where he was responsible for all finance, operations, and accounting functions for their real estate fund and properties. Prior thereto, Mr. Norowitz worked for Och-Ziff Real Estate, where he focused on finance, accounting, operations, and asset management functions for their real estate investments. He started his career with KPMG LLP, where he managed financial statement audits of private equity and alternative investment entities. Mr. Norowitz received his Bachelor of Science in Accounting from Touro College and is a Certified Public Accountant (CPA).

The Company also announces that Brad Dunkley has agreed to serve as Chairman of the Board, replacing Joel Dumaresq, who recently resigned. In addition, and as a result of recently announced changes to the Board, the Audit Committee has been reconstituted to include Pace Goldman, Avi Geller and David Delaney.

Brad Dunkley, the Company's Chairman, stated "We are pleased to welcome Elie to Parkit and look forward to his active involvement with the Company."


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