An anonymous director reports
REGENT PACIFIC PROPERTIES INC. ANNOUNCES SALE OF UNIT AT COMMERCIAL
INVESTMENT PROPERTY
Regent Pacific Properties Inc. has completed the sale of a unit within Cassel Centre, located in Edmonton,
Alta.
The unit was sold for gross proceeds of $3.35-million to an arm's-length purchaser on March 31, 2026.
Of the net proceeds, $2.5-million was applied to repayment of a portion of the existing mortgage on Cassel
Centre, with the remaining net proceeds expected to be used for general working capital purposes.
The transaction forms part of the company's continuing management of its real estate portfolio.
We seek Safe Harbor.
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