Nearctic Group is pleased to announce, on a private placement basis, Private Pension Partners Investments Inc. (“P3 Investments”) in Winnipeg have been exclusively authorized and engaged to raise up to $37,500,000 CDN of new seed equity capital for Nearctic Industrial REIT which will first deploy capital towards the acquisition of an existing $101 million, twelve (12) property, multi-tenant industrial portfolio in Edmonton, Alberta. Nearctic Industrial REIT will then be exclusively focused on expanding their portfolio in the flex, multi-tenant, manufacturing, warehouse, shop, and showroom industrial property sector across targeted markets in Canada.
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