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The latest announcement is out from Yorkton Equity Group Inc ( (TSE:YEG) ).
Yorkton Equity Group Inc. has announced the acquisition of The Crystallina, a 184-unit multi-family residential complex in Edmonton, Alberta, for $46 million. This acquisition is part of Yorkton’s strategy to expand its portfolio of premium rental properties in Edmonton, a market with strong rental demand due to robust economic conditions and population growth. The acquisition, supported by a CMHC-insured mortgage, is expected to close on January 15, 2026, and aligns with Yorkton’s growth strategy following recent acquisitions in the region.
The most recent analyst rating on (TSE:YEG) stock is a Buy with a C$0.37 price target. To see the full list of analyst forecasts on Yorkton Equity Group Inc stock, see the TSE:YEG Stock Forecast page.
More about Yorkton Equity Group Inc
Yorkton Equity Group Inc. is a growth-oriented real estate investment company focused on acquiring and managing multi-family rental properties in Alberta and British Columbia. The company aims to provide shareholders with growing assets through strategic acquisitions, organic growth, and active management, with a focus on achieving growing Net Operating Income and asset values in Western Canada. The management team has over 30 years of experience in real estate.
Average Trading Volume: 15,437
Technical Sentiment Signal: Sell
Current Market Cap: C$20.28M
For detailed information about YEG stock, go to TipRanks’ Stock Analysis page.