NCC Properties Limited Acquires Two Industrial Lots in Iqaluit

February 2021

NCC Properties Limited (“NCCP) has acquired two industrial lots in Iqaluit. The lots are currently being leased to NCCP’s sister company, NCC Development Limited, and are used for storing construction materials and other inventory. NCCP plans to develop a warehouse faciality on the lots in 2022, which will be leased to NCC Development for storage of construction materials, vehicles, tools and safety equipment. The warehouse facility will also consist of a workshop area for NCC Development’s growing carpentry/millwork operation.