NPR is primarily a multi-family residential real estate investor, providing a broad spectrum of rental accommodations in Canadian secondary markets. NPR focuses on communities with strong economic fundamentals where capitalization rates are generally higher and competition is somewhat restrained. NPR's residential portfolio is comprised of a multi-family segment: apartments, town homes and single family rental units; and execusuites and hotel where the rental period ranges from a few days to several months. NPR also has a portfolio of commercial buildings focused on government tenancies predominantly located in the Northwest Territories and Nunavut. Geographically, NPR operates in British Columbia, the Northwest Territories, Alberta, Saskatchewan, Nunavut, Quebec and Newfoundland and Labrador.
With approximate real estate holdings of $1.5 billion, more than 10,000 residential units, and well over a million square feet of commercial space, NRP is a well-established publically traded organization (TSX ticker symbol: NPR.UN) in the residential and commercial real estate space
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