The Penrose Group Inc.

The Penrose Group Inc.

March 17, 2011 16:09 ET

The Penrose Group Announces Large Scale Land Assembly Project

TORONTO, ONTARIO--(Marketwire - March 17, 2011) - The Penrose Group Inc., a leading consulting and M&A firm, is pleased to announce that it will be assisting a developer in Western Canada complete a large scale land assembly and subsequent development project. The sites will be re-zoned and developed into a landmark lifestyle community which will contain a mix of residential, office and commercial units, as well as some unique entertainment features unlike anything the country has seen before. 

Lindsey M. Penrose, President and Chief Executive Officer of The Penrose Group commented, ""We are energized by every new opportunity that we at The Penrose Group can help bring into the market and are extremely proud to be working on such an exciting new project"

The Penrose Group will function in the capacity of a consultant whose duties will include introducing potential debt and equity partners, assembling the required sites and assisting with the planning and project approval process.

This is a long term (8-10 year) project and The Penrose Group will remain involved until the project is complete.

About The Penrose Group

The Penrose Group is a consulting firm that helps businesses raise capital, manage projects and acquire or dispose of assets.

Founded in 2003, the company was initially formed to privately facilitate acquisitions and perform due diligence on commercial properties across Canada. It has since evolved into an organization that has found success specializing in the fields of land assembly, syndication, corporate finance, project management and sell-side M&A transactions. Having operations in both Toronto, Ontario and Edmonton, Alberta, The Penrose Group continues to seek new M&A and Investor Opportunities.

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