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Bullboard - Stock Discussion Forum Parkit Enterprise Inc PKTEF


Primary Symbol: V.PKT

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... see more

TSXV:PKT - Post Discussion

Parkit Enterprise Inc > Pleased to see new management & new direction.
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Post by truthseeker690 on Dec 15, 2020 2:16pm

Pleased to see new management & new direction.

Suggest management now partner with one or two family offices with a long term view of building an industrial real estate portfolio. You might also consider a pension fund partner  but don't be surprised if they request a share consolidation. This could become a great vehicle for a roll-up strategy with private holders of a small number of industrial properties to sell for a cash & common stock payment (similar to the Storage Vault strategy). With interest rates this low- let's be aggressive.
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