Gulf & Pacific Equities Corp.
TTSXV:GUF0.56
CAD
-0.01
(-1.75%)
ISIN
CA4019151030
CUSIP
401915103
Return %
Stock
S&P 500
1Y
43.59
14.20
3Y
27.27
81.12
5Y
143.48
68.34
Capital Structure
CAD
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in mil. unless spec.Working Capital
CAD
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in mil. unless spec.Growth Rates
CAD
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in mil. unless spec.Semi-annual Revenue
CAD
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in mil. unless spec.Semi-annual Earnings Per Share
CAD
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in mil. unless spec.Semi-annual Dividends Per Share
CAD
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in mil. unless spec.Company Description
- CEO
- Anthony Jan Cohen
- Sector
- Finance
- Industry
- Real estate development
- Address
- Toronto Canada
- IPO Date
- Jul 31, 1998
- Website
- gpequities.com
- Similar Companies
- Business
- Gulf & Pacific Equities Corp. is a Canadian commercial real estate company engaged in the acquisition, development, management, and leasing of revenue-generating retail properties located primarily in Western Canada. The company focuses on grocery-anchored shopping centres and strip malls situated in rural and regional hub communities that feature established public infrastructure such as regional hospitals, secondary schools, and government services. Gulf & Pacific Equities Corp. operates through a commercial real estate segment, providing a comprehensive range of property and leasing solutions, including: commercial retail space leasing for national, regional, and local merchants; property management and maintenance services for enclosed shopping centres and retail plazas; commercial pad site and freestanding unit leasing for quick-service restaurants, financial institutions, and automotive gas bars; and real estate asset development, leasehold improvement coordination, and property revitalization. Its primary real estate portfolio consists of commercial assets in Alberta, including the Tri-City Mall in Cold Lake, an enclosed retail mall spanning approximately 149,491 square feet of gross leasable area anchored by major retailers including Sobeys and Winners; the St. Paul Shopping Centre in St. Paul, comprising approximately 79,042 square feet of retail space anchored by Giant Tiger and Peavey Mart along with peripheral pad sites; and a commercial retail property in Three Hills encompassing approximately 9,000 square feet. In recent developments, Gulf & Pacific Equities Corp. successfully restructured and refinanced its mortgage debt portfolio, securing two-year renewals on four commercial mortgages valued at approximately CAD 18.30 million at a 5.00% fixed interest rate and one-year renewals on two mortgages valued at CAD 3.07 million at a 4.84% fixed rate. The company also updated its executive leadership team with the appointment of Daniel Steinertas as Chief Financial Officer, following the retirement of long-serving CFO Greg K.W. Wong, and transitioned its corporate disclosure framework to semi-annual financial reporting in accordance with TSX Venture Exchange policies while advancing tenant leasing and space re-merchandising programs across its core shopping assets. Gulf & Pacific Equities Corp. was founded in 1998 and is headquartered in Toronto, Canada.