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.

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Parkit Enterprise Inc > Is Parkit bankrupt? eom

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Comment by jcjohn36on Dec 18, 2023 7:39pm

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Post# 35790878

RE:Is Parkit bankrupt? eom

Patience, all the industrial REITS are getting hammered- rising rates and a recession on the horizon aren't helping. I've added more down near .55. This company is in its early stages building a portfolio, not sure what you were expecting from the SP at this stage?

Best,
JC

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