Melcor Developments Ltd. | REIT Profile

Symbol: MRD
Exchange: TSX
Founded: 1923 (101 years)
HQ: Edmonton, AB, Canada
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Small-Cap
REIT Sector: Industrial, Residential, Retail, Office, Specialty

See MRD on Yahoo Finance

Melcor has been a public company since 1968 and trades on the Toronto Stock Exchange (TSX:MRD). We are a diversified real estate development and asset management company that transforms real estate from raw land through to high-quality finished product in both residential and commercial built form. We plan and build state-of-the-art industrial, retail and suburban offices spaces. We have developed over 2.3 million sf of commercial projects and are one of the most active developers in Alberta. Focused initially on retail properties, we began to develop build to suit mixed-use industrial and business parks in 2013. We have over 7.5 million square feet in approved land use developments to complete over the next 10-15 years. As a fully integrated real estate development and asset management company, Melcor has helped to shape much of Alberta's high-growth landscape and also has developments spanning western Canada and in Colorado and Arizona. We develop communities where people live, build and manage the offices where they work, the retail centres where they shop and the golf courses where they play.