About Power REIT
Power REIT is a company based in Old Bethpage (United States) founded in 1965.. The company has 2 employees as of December 31, 2024. Power REIT has completed 1 acquisition, including Canndescent. Power REIT offers products and services including Real Estate Investment and Financing Solutions.
- Headquarter Old Bethpage, United States
- Employees 2 as on 31 Dec, 2024
- Stage Public
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Power Reit
-
Annual Revenue
$3.05 M37.23as on Dec 31, 2024
-
Net Profit
$-24.71 M-72.01as on Dec 31, 2024
-
EBITDA
$-440.8 K77.62as on Dec 31, 2024
-
Latest Funding Round
-
Investors
-
Employee Count
2
as on Dec 31, 2024
- Investments & Acquisitions
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of Power REIT
Power REIT is a publicly listed company on the AMEX with ticker symbol PW in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Power REIT
Power REIT offers a comprehensive portfolio of products and services, including Real Estate Investment and Financing Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Invests in sustainable properties for long-term returns
Provides funding for controlled environment agriculture projects
Unlock access to complete
Unlock access to complete
Funding Insights of Power REIT
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Power REIT
Power REIT has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Canndescent. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Integrated business for cultivation and processing of cannabis
|
2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Power REIT
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Power Reit Comparisons
Competitors of Power REIT
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Power Reit
Frequently Asked Questions about Power REIT
When was Power REIT founded?
Power REIT was founded in 1965.
Where is Power REIT located?
Power REIT is headquartered in Old Bethpage, United States. It is registered at Old Bethpage, New York, United States.
Who is the current CEO of Power REIT?
David Lesser is the current CEO of Power REIT.
How many employees does Power REIT have?
As of Dec 31, 2024, the latest employee count at Power REIT is 2.
What is the annual revenue of Power REIT?
Annual revenue of Power REIT is $3.05M as on Dec 31, 2024.
What does Power REIT do?
Power REIT was established in 1965 as an equity real estate investment trust. Focus is placed on acquiring and managing properties related to energy generation and transportation infrastructure. Operations are conducted primarily in the United States, with headquarters located in Old Bethpage, New York. Oversight is handled by Chairman and CEO David Lesser, ensuring alignment with sector-specific investment strategies.
What products or services does Power REIT offer?
Power REIT offers Real Estate Investment and Financing Solutions.
Is Power REIT publicly traded?
Yes, Power REIT is publicly traded on AMEX under the ticker symbol PW.
How many acquisitions has Power REIT made?
Power REIT has made 1 acquisition, including Canndescent.
What is Power REIT's ticker symbol?
The ticker symbol of Power REIT is PW on AMEX.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.