Tk’emlúps te Secwépemc and Indigena Capital have entered a joint acquisition to develop a commercial property on Reserve lands, establishing a foundation for future real estate ventures that promote economic growth and sustainability.
Target Information
The Tk’emlúps te Secwépemc (TteS) is a vibrant Indigenous community located in British Columbia, Canada, with approximately 1,000 members on and off its expansive 33,000-acre reserve. Their lands, situated east of the North Thompson River and north of the South Thompson River, are positioned adjacent to the City of Kamloops. Historically, these lands have served as key transit routes for trade and continue to attract economic activity, with major rail lines operated by Canadian National Railway (CN) and Canadian Pacific Railway (CP) traversing their territory.
TteS is committed to achieving self-sufficiency and fostering independence through initiatives in education and economic development. The community has demonstrated this through the establishment of childcare, healthcare, and educational facilities, which collectively support over 200 direct job opportunities and contribute approximately $200 million to regional economic activity.
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Industry Overview
The real estate and development sector within British Columbia has been thriving, fueled by a combination of robust population growth and a proactive approach to urban development. The province's commitment to fostering a favorable investment climate coupled with increasing demand for
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Tk’emlúps te Secwépemc and Indigena Capital, LP
invested in
Commercial Property on TteS Reserve Lands
in 2021
in a Joint Venture deal