Yorkton Equity Group positioned to capitalize Is Yorkton Equity Group positioned to capitalize on Canada’s strong rental market?
Yorkton Equity Group Inc. (TSXV: YEG) posted a 31% YoY revenue increase in Q3-2024, driven by property acquisitions, with net income rising significantly from $2k to $1.19M. Property valuations continue to benefit from rising rents and cap rate compression, with further gains expected as rate cuts by the Bank of Canada loom.
With 518 residential units and a commercial property in its portfolio, YEG remains well-positioned amid strong rental demand and affordability challenges in Canada’s housing market.
Get detailed insights and our analyst outlook in the full report. Read here: https://www.researchfrc.com/content/reports/post/175/strong-rental-demand-and-cap-rate-compression-fuel-positive-outlook
*Issuer-paid coverage.