Power REIT PW

Alternate Symbol(s): PW.PR.A

Power REIT (the Trust) is an internally-managed real estate investment trust. The Trust is engaged in the ownership, leasing, acquisition, development, and disposition of special purpose real estate assets. The Trust owns a portfolio of real estate assets related to transportation, energy infrastructure and Controlled Environment Agriculture (CEA) in the United States. It owns its assets through direct and indirect wholly owned and special purpose subsidiaries. The Trust’s assets consist of approximately 112 miles of railroad infrastructure and related real estate which is owned by its subsidiary, Pittsburgh & West Virginia Railroad (P&WV), approximately 501 acres of fee simple land leased to a number of utility scale solar power generating projects with an aggregate generating capacity of approximately 88 Megawatts (MW) and approximately 256 acres of land with approximately 2,163,000 square feet of existing or under construction CEA properties in the form of greenhouses.

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Power REIT

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Post by AwareInvestoron Feb 04, 2021 7:46am

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Power REIT Acquires Greenhouse In California For $7.7 Mil

Power REIT has acquired a 37,000 square foot greenhouse cannabis cultivation facility in California. The acquisition was conducted as part of its latest transaction, which saw the company purchase the property for $7.7 million, with the property then being leased to Canndescent.

https://thedeepdive.ca/power-reit-acquires-greenhouse-in-california-for-7-7-million/

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