Parkit Enterprise Inc.
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Iqbal Khan
- Full Time Employees
- 1
- Sector
- Consumer services
- Industry
- Other consumer services
- Address
- 100 Canadian Rd, Scarborough ON Canada M1R 4Z5
- IPO Date
- Oct 23, 2009
- Website
- parkitenterprise.com
- Similar Companies
- Business
- Parkit Enterprise Inc. (TSXV: PKT; OTC: PKTEF) operates an industrial real estate platform focused on the acquisition, optimization, growth and management of strategically located income-producing industrial properties across key urban markets in Canada, including the Greater Toronto Area, Ottawa, Montreal and Edmonton; it also owns and manages parking facilities across the United States. The company offers leasing services for industrial warehouses and multi-tenant facilities totaling approximately 1.5 million square feet across 21 assets on 105 acres; its parking portfolio includes off-airport lots such as Z Airport Parking near Bradley International Airport in Connecticut. Parkit Enterprise generates stable rental income from these segments, with industrial properties comprising the majority of revenue, and targets value enhancement through active asset management, lease renewals at market rates and portfolio expansion. Incorporated in 2006 and headquartered in Vancouver, British Columbia, with additional offices in Toronto and Ottawa, the company conducts operations primarily in Canada and the United States. Recent developments include the November 2025 contribution of its 3.55-acre industrial site at 568 Second Street in London, Ontario, valued at $12.9 million, to the 760 Second Street Partnership joint venture with Decade Capital and Southside Group for residential tower redevelopment; the August 2025 acquisition of a 99,690 square foot multi-tenant industrial warehouse in Edmonton, Alberta; the June 2025 sale of six Winnipeg industrial properties to PROREIT for $96.5 million in cash and equity, yielding a 9.6% stake with board representation; the February 2025 purchase of an industrial building in Boisbriand, Quebec, for $10.25 million; and the renewal of its normal course issuer bid in March 2025 to repurchase up to 11.1 million shares.
Company News
Parkit Enterprise Reports Q2 2026 Results
Parkit Announces Proposed Share Consolidation
Parkit Announces Results of Annual General and Special Shareholders Meeting
Parkit Enterprise Reports Q1 2026 Results
Parkit Announces Normal Course Issuer Bid
Parkit Enterprise Reports Fiscal 2025 Annual Results with 29% FFO Growth
Parkit Enterprise (OTCMKTS:PKTEF) Shares Up 7.4% – Time to Buy?
Parkit Announces Grant of Options
Parkit Completes Sale of Winnipeg Property and Adds To Investment in PROREIT
Parkit Contributes London Industrial Property and Forms Joint Venture for Residential Redevelopment
Parkit Enterprise Reports Q3 2025 Results
Parkit Enterprise (OTCMKTS:PKTEF) Shares Down 26.3% – Here’s Why
Parkit Enterprise Reports Q2 2025 Results
Parkit Enterprise Reports Q1 2025 Results
Parkit Enterprise Reports Fiscal 2024 Annual Results; Highlighting Acquisitions; Provides 2025 Outlook
Parkit Enterprise Reports Q3 2024 Results
Parkit Enterprise Reports Q2 2024 Results
Parkit Enterprise Reports Q1 2024 Results
Parkit Enterprise Reports Fiscal 2023 Annual Results; Highlighting Acquisitions; Provides 2024 Outlook
Parkit Enterprise Reports Q3 Results