Yorkton Equity Group Inc. Stock Analysis YEG.V

Yorkton Equity Group, Inc. engages in the provision of commercial and residential property management services. The company is headquartered in Edmonton, Alberta. The company went IPO on 2016-11-30. The firm is focused on providing shareholders with growing assets through accretive acquisitions, organic growth, and the active management of multifamily rental properties with upside potential. The company primarily owns a portfolio of multi-unit residential rental properties in Alberta and British Columbia. Its business objectives are to achieve growing net operating income (NOI) and asset values in its multifamily rental property portfolio in strategic markets across Western Canada. The Company’s residential properties include townhouses and low and mid-rise apartments located in Alberta (Edmonton) and British Columbia (Kelowna, Langford (Metro Victoria), Penticton, and Fort St. John). The firm wholly owns approximately 11multifamily rental properties and one commercial unit. The firm wholly owns one commercial rental property with an adjacent parking lot held for development located in Edmonton, Alberta.