Yorkton Equity Group Inc. Announces Unconditional Agreement to Sell Winton Terrace Property
October 14, 2026 - 04:08
Yorkton Equity Group Inc. has confirmed that the sale of its Winton Terrace property is now unconditional. The company announced that all purchaser conditions tied to a purchase agreement dated September 4, 2026, as amended on October 7, 2026, have either been waived or satisfied. The transaction involves the sale of Winton Terrace Holdings Ltd., a wholly owned subsidiary that holds legal title to the property.
Winton Terrace is a 26-unit apartment building located at 797 Winnipeg Street in Penticton, British Columbia. The deal marks a notable divestment for the Edmonton-based real estate firm, which trades on the TSX Venture Exchange under the ticker symbol YEG. With conditions cleared, the sale can now proceed toward closing.
The company did not disclose the financial terms of the agreement or the identity of the purchaser. Yorkton focuses on acquiring and managing multi-family residential properties, and the sale of Winton Terrace represents a shift in its asset portfolio. Further details regarding the completion timeline were not provided in the announcement.
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