Gulf & Pacific Equities Corp. was incorporated under the laws of the Province of Alberta on April 8, 1998 and thereafter completed a public offering of common shares by prospectus dated June 26, 1998.
The Company acquires, manages and develops 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 three cash flowing, well-located shopping centre assets located in Three Hills, St. Paul and Cold Lake Alberta. Beyond its current portfolio, Gulf & Pacific has identified other anchored shopping centre acquisition candidates.
The Company has stated its intention to undertake other acquisitions with the objective to attain a critical mass of 1.0 million square feet of properties.