Parkit Enterprise (PKT-X) intends to begin construction on a multifamily project it has been planning for over three years, after taking on two partners for the twin-tower development at 568 Second St., in London, Ont., across from Fanshawe College.
Canada's real estate industry faces both significant challenges and new opportunities. Housing supply and affordability issues are top-of-mind for many, while retail, student and seniors housing, self-storage and industrial properties are demonstrating resilience and, in some cases, outperforming expectations.
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