CALGARY, Alberta–Walton Westphalia Development Corporation (the “Corporation”) announced today its results for the third quarter of 2019. Launched in March 2012, the Corporation was formed to provide investors with the opportunity to participate in the acquisition and development of the 310-acre Westphalia Property (the “Property” or the…
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CAD 100 MILLION IN SALES PROCEEDS TO BE DISTRIBUTED TO INVESTORS IN Q1 2020 In August 2019, investors approved the sale of eleven pre-development land parcels located within the New Tech Gateway Employment Zone Master Plan, South Alliston Master Plan and Everett Master Plan in Simcoe County, Ontario. The purchaser is a Toronto based developer…
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On August 15 2019, Walton closed on the sale of a 166 acre industrial zoned property located 30 km south of Dallas, Texas in the city of Red Oak. The buyer of the property is an undisclosed Fortune 50 company, who is attracted by the property’s strategic location in a growing manufacturing hub south of Dallas. The property forms part of…
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US $20M EXIT OFFER FROM LEADING U.S. REAL ESTATE DEVELOPER In July 2019, Rock Creek West landowners voted to accept a US$20M exit offer from a leading U.S. real estate developer headquartered in Dallas, Texas. According to the terms of the option agreement, the purchaser is responsible for securing final approvals before undertaking…
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US $27M EXIT OFFER FROM U.S. NATIONAL HOMEBUILDER On July 4th 2019, landowners voted to accept a US$27M exit offer from one of the largest homebuilders in the United States. The purchaser has executed an option agreement whereby the property will be acquired in a series of phased takedowns, with landowners projected to receive US$27 million in…
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We are pleased to announce the opening of Walton’s first Middle East office in July 2019 to support our distribution partners and rapidly growing investor base throughout the GCC region. The new office is located in Dubai, the most populous city in the United Arab Emirates and the economic and financial hub of the Middle East. RAPID GROWTH IN…
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