The Company acquires, manages and develops grocery-anchored shopping malls in rural centres in Alberta and British Columbia. Gulf & Pacific targets smaller, but rapidly growing hub communities that have hospital, high school, police station and retail/service infrastructure. Management has consistently reinvested cash flow to improve and grow its portfolio of income properties.
Gulf & Pacific Equities Corp. currently owns four cash flowing, well-located shopping centre assets located in Three Hills, St. Paul and Cold Lake Alberta, as well as in Merritt B.C.. Beyond its current portfolio, Gulf & Pacific has identified several other grocery anchored shopping centre acquisition candidates. The Company has stated its intention to undertake other acquisitions with the objective of closing transactions every six to twelve months and to attain a critical mass of 1.0 million square feet of properties.
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