Investing in Land

Walton International Group Inc. and Walton Ontario Land L. P. 1 announced today that Walton Ontario Land L.P. 1 completed its initial public offering, raising gross proceeds of $18,555,500 and issuing 1,855,550 units.

Proceeds of the offering will be used to purchase and manage parcels of land comprised of 155 acres of land located near Toronto in Alliston, Ontario, and 300 acres of land located in the southwest quadrant of the City of Ottawa. The Partnership’s investment objective is to maximize returns to limited partners through the acquisition, management, concept planning and eventual sale of these two properties.

Read more here.