Parkit Enterprise Inc. News Releases

Parkit Enterprise Reports Q2 2026 Results

Thu, 06 Aug 2026 17:00:00 -0400

Toronto, Ontario--(Newsfile Corp. - August 6, 2026) - Parkit Enterprise Inc. (TSXV: PKT) ("Parkit" or the "Company"), today reported the Company's second quarter 2026 results. Carey Chow, CFO of Parkit, commented:"Our same properties NOI grew 4% and FFO per share grew 19% in the quarter, reflecting the strength of our portfolio. We renewed at an average rental spread of 28%. With 91% of our debt at fixed rates and a strong liquidity position, we are well positioned to pursue disciplined...

Parkit Announces Proposed Share Consolidation

Wed, 17 Jun 2026 11:17:00 -0400

Toronto, Ontario--(Newsfile Corp. - June 17, 2026) - Parkit Enterprise Inc. (TSXV: PKT) ("Parkit" or the "Company"), announced today that the Board of Directors have approved a consolidation of its share capital on the basis of one (1) new common share for every existing fifteen (15) common shares (the "Consolidation"), subject to regulatory approval, including approval of the TSX Venture Exchange. Effective on or about June 22, 2026, Parkit will complete the Consolidation. Where the exchange...

Parkit Announces Results of Annual General and Special Shareholders Meeting

Mon, 25 May 2026 10:50:00 -0400

Toronto, Ontario--(Newsfile Corp. - May 25, 2026) - Parkit Enterprise Inc. (TSXV: PKT) ("Parkit" or the "Company") is pleased to announce the results of the annual general and special meeting of the shareholders of Parkit held on May 21, 2026 (the "Meeting"). A total of 71 shareholders holding an aggregate of 176,768,203 common shares of the Company were represented at the Meeting in person or by proxy, representing approximately 83.40% of the total votes attached to all issued and outstanding...

Parkit Enterprise Reports Q1 2026 Results

Thu, 07 May 2026 17:32:00 -0400

Toronto, Ontario--(Newsfile Corp. - May 7, 2026) - Parkit Enterprise Inc. (TSXV: PKT) ("Parkit" or the "Company"), today reported the Company's first quarter 2026 results. Steven Scott, Chair of Parkit, commented:"Parkit achieved 5% same property NOI growth and 38% FFO growth while executing on a disciplined capital allocation strategy. Operationally, we signed approximately 45,000 square feet of new leases and renewed nearly 30,000 square feet of leases at market rates with an average increase...

Parkit Announces Normal Course Issuer Bid

Mon, 23 Mar 2026 17:00:00 -0400

Toronto, Ontario--(Newsfile Corp. - March 23, 2026) - PARKIT ENTERPRISE INC. (TSXV: PKT) ("Parkit" or the "Corporation") is pleased to announce that it has received conditional acceptance from the TSX Venture Exchange ("TSX-V") to renew its Normal Course Issuer Bid ("NCIB") to purchase for cancellation, during the 12-month period starting March 30, 2026, up to ‎11,501,900‎ of the outstanding common shares of the Corporation (the "Common Shares"), representing approximately 10% of Parkit's public...

Parkit Enterprise Reports Fiscal 2025 Annual Results with 29% FFO Growth

Thu, 05 Mar 2026 17:26:00 -0500

Parkit's Annual results had a $25 Million Gain on Asset Sales, Strategic Investment in PROREIT and Launched construction on Two 15-Storey Purpose Built Rental Developments Toronto, Ontario--(Newsfile Corp. - March 5, 2026) - Parkit Enterprise Inc. (TSXV: PKT) ("Parkit" or the "Company"), today reported the Company's full year 2025 audited results. Steven Scott, Chair of Parkit, commented:"Parkit achieved 8% same property NOI growth and 29% FFO growth while executing on a disciplined capital...

Parkit Completes Sale of Winnipeg Property and Adds To Investment in PROREIT

Thu, 18 Dec 2025 07:02:00 -0500

Toronto, Ontario--(Newsfile Corp. - December 18, 2025) - Parkit Enterprise Inc. (TSXV: PKT) ("Parkit" or the "Company"), has completed the sale of its remaining property located in Winnipeg, Manitoba (the "Property") to PRO Real Estate Investment Trust (TSX: PRV.UN) ("PROREIT") for proceeds of $5,350,000, subject to customary adjustments (the "Transaction"). Parkit received $2,140,000 of the proceeds in the form of 345,161 trust units of PROREIT ("Trust Units") priced at $6.20 per Trust Unit....

Parkit Contributes London Industrial Property and Forms Joint Venture for Residential Redevelopment

Mon, 24 Nov 2025 07:30:00 -0500

Toronto, Ontario--(Newsfile Corp. - November 24, 2025) - Parkit Enterprise Inc. (TSXV: PKT) ("Parkit" or the "Company"), is pleased to announce that it has contributed the 3.55 acres of lands at 568 Second Street, London, Ontario, to a three-party joint venture called 760 Second Street Partnership (the "Joint Venture") for total contribution of $12,900,000, subject to customary adjustments (the "Transaction"). The Joint Venture is comprised of Parkit for a 50% share, Decade Capital ("Decade")...

Parkit Enterprise Reports Q3 2025 Results

Thu, 06 Nov 2025 17:00:00 -0500

Toronto, Ontario--(Newsfile Corp. - November 6, 2025) - Parkit Enterprise Inc. (TSXV: PKT) ("Parkit" or the "Company") today reported the Company's third quarter 2025 results. Steven Scott, Chair of Parkit, commented:"Parkit acquired 99,690 sf multi-tenant industrial warehouse in Edmonton, Alberta and continued its strong financial performance. We grew our net rental income and margins in Q3 2025, resulting in a year over year same property NOI growth of 9% and FFO growth of 31%. We renewed...

Parkit Enterprise Reports Q2 2025 Results

Thu, 07 Aug 2025 18:55:00 -0400

Toronto, Ontario--(Newsfile Corp. - August 7, 2025) - Parkit Enterprise Inc. (TSXV: PKT) ("Parkit" or the "Company"), today reported the Company's second quarter 2025 results. Steven Scott, Chair of Parkit, commented:"Parkit is pleased to report strong performance for Q2 2025, highlighted by several key achievements and strategic moves. We completed the sale of six Winnipeg assets, realizing a substantial gain, and made a strategic investment in PROREIT. Our financial metrics showed positive...