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Yorkton Equity Group Inc. Announces Financial Results for the Third Quarter Ended September 30, 2025
(TheNewswire) Edmonton, Alberta – (November 20, 2025) – TheNewswire -...
About this update from Yorkton Equity Group Inc
[{"type":"text","content":"Yorkton Equity Group Inc. Announces Financial Results for the Third Quarter Ended September 30, 2025\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Edmonton, Alberta\n \n\n – (November 20, 2025) –\n \n\n TheNewswire -\n \n\n Yorkton Equity Group Inc.\n(TSXV YEG) (“Yorkton” or the “Company”) is pleased to announce\nits financial results for the third quarter ended September 30,\n2025.\n \n\n\n\n “Through focused operational improvements and\ndisciplined execution, our management team continues to enhance the\nperformance of our portfolio,” said Mr. Ben Lui, President and Chief\nExecutive Officer. “As expected, strategic rent increases initially\nled to higher tenant turnover, and we are now seeing stabilization\nwith stronger occupancy and higher rental income.\n \n\n In addition, we recently removed all buyer’s conditions on\nthe 184-unit Crystallina, as previously announced on October 24, 2025,\nand we believe management’s experience and operational expertise\nwill drive both operational performance and long-term value for our\nshareholders.”\n \n\n\n\n Q3 2025 Financial Highlights\n \n\n\n\n As at September 30, 2025, Yorkton had total assets of\n$140.17 million, which included 518 residential rental units and one\ncommercial rental unit across 10 multi-family rental properties with a\ntotal fair market value of $124.46 million and one commercial rental\nproperty with 28,026 square feet of net leasable area, together with\nan adjacent parking lot, with a total fair market value of $12.00\nmillion.\n \n\n\n\n For the residential units, during the three and nine\nmonths ended September 30, 2025, as compared to the same period in\n2024, Yorkton reported:\n \n\n\n\n\n\n\n\n\n During the nine months ended September 30, 2025,\nmanagement has continued to implement operational efficiency\nimprovements across its portfolio to improve the performance of\nexisting operations.  These improvements have focused on the\nproperties in Edmonton, Alberta where there are\n \n\n fewer regulations around rent control\n \n\n .\nWhile this has led to\n \n\n expected higher tenant\nturnover, initially resulting in increased vacancy losses and elevated\nmaintenance costs associated with unit repairs and refreshes,\nmanagement anticipate...