CT:MRD Melcor Developments Ltd

Melcor Developments Ltd. operates as a diversified real estate development and asset management company in Canada and the United States. The company operates through Community Development, Property Development, Investment Property, REIT, Recreation Property, and US Operations divisions. It develops, manages, and owns mixed-use residential communities, business and industrial parks, office buildings, retail commercial centers, and golf courses. The company purchases and develops land for sale as residential, industrial, and commercial lots; and develops, manages, constructs, markets, and leases retail, office, and industrial properties. It also owns 21 leasable commercial, retail, and residential properties, as well as other rental income producing assets, such as parking lots and land leases. In addition, the company owns 38 leasable commercial and retail properties; and other rental income producing assets, including residential property, parking lots, and land leases. Further, it owns and manages three 18-hole championship golf courses. The company was founded in 1923 and is headquartered in Edmonton, Canada.

10.22 CAD
As of 09/23/2022

Security Information
Category1:  Global Equity
Category2:  Common stocks
Category3:  Developed markets ex-US
GICS sector:  Real Estate
Industry:  Real Estate-Development
Index country:  Canada
Country of incorporation:  Canada
IPO date:  04/25/1996
Stock exchange:    Toronto Stock Exchange
Exchange country:   Canada
Market cap:   455,388,160 CAD
Current dividend yield:   4.06%
Sedol:      2576071

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