NCC Properties Limited has Entered into a New Partnership with Sakku Properties Ltd.

New Partnership with Sakku Properties Ltd.
New Partnership with Sakku Properties Ltd. May 2022

NCC Properties Limited is excited to announce a new partnership with Sakku Properties Ltd. – NCC Kivalliq Properties. Sakku Properties Ltd. is a wholly-owned subsidiary of Sakku Investments Corporation, which is one of NCC Investment Group’s shareholders. Sakku is the regional development corporation for the Kivalliq Region of Nunavut. The formation of the new partnership is in line with NCC’s strategic goal of enhancing our presence in the Kivalliq Region. The partnership currently owns a mixed-use building in Rankin Inlet. Well-located in the Hamlet’s core, the building consists of 8,094 square feet of rentable commercial office space, as well as 12 residential rental units. The commercial tenants include Canada Post, the Royal Bank of Canada and the Nunavut Literacy Council. The partnership is considering other opportunities in the Kivalliq Region.