EDMONTON, Alberta, March 30, 2020 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX:MRD), an Alberta-based real estate development and asset management company, announced today that the Toronto Stock Exchange has accepted its notice of intention to make a normal course issuer bid through the facilities of the TSX and on alternative trading systems. The notice provides… [Read More]

EDMONTON, Alberta, March 25, 2020 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD) and Melcor Real Estate Investment Trust (TSX: MR.UN) today announced a number of the measures taken in response to unprecedented economic challenges brought about by the COVID-19 global pandemic and the drastic drop in the price of Alberta oil. To respond to… [Read More]

EDMONTON, Alberta, March 11, 2020 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), a real estate development and asset management company with operations across western Canada and in the United States, today reported results for the fourth quarter and year ended December 31, 2019. Softness in the residential markets where Melcor operates in Canada and timing… [Read More]

EDMONTON, Alberta, Nov. 06, 2019 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the third quarter and nine months ended September 30, 2019. Revenue was down 10% to $53.95 million compared to Q3-2018. Year to date revenue was $129.92 million, down 12% compared… [Read More]

EDMONTON, Alberta, Oct. 10, 2019 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD) today announced that it intends to complete a private placement of between $10 million and $15 million worth of Melcor REIT Limited Partnership (the “Partnership”) Class B LP units. The Partnership is a subsidiary of Real Estate Investment Trust (TSX: MR.UN –… [Read More]

EDMONTON, Alberta, Aug. 01, 2019 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the second quarter and six months ended June 30, 2019. Revenue was down 4% to $41.09 million compared to Q2-2018. Year to date revenue was $75.97 million, down 13% compared… [Read More]

EDMONTON, Alberta , May 08, 2019 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the quarter ended March 31, 2019. Revenue for the quarter was $34.88 million, down 21% over Q1-2018. Lower sales in the Community Development division led to a 53% decrease… [Read More]

EDMONTON, Alberta, April 30, 2019 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today announced the results of its annual general meeting (AGM), held today. A total of 27,972,467 shares were voted in person or by proxy, representing 83.80% of the outstanding shares as of the… [Read More]

EDMONTON, Alberta, March 28, 2019 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX:MRD), an Alberta-based real estate development and asset management company, announced today that the Toronto Stock Exchange has accepted its notice of intention to make a normal course issuer bid through the facilities of the TSX and on alternative trading systems.

EDMONTON, Alberta, March 13, 2019 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), a real estate development and asset management company with operations across western Canada and in the United States, today reported results for the fourth quarter and year ended December 31, 2018. Strong results from our US residential development division and growth in income-generating… [Read More]

EDMONTON, Alberta, Nov. 06, 2018 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the quarter ended September 30, 2018. Revenue for the quarter was $60.25 million, down 4% over Q3-2017. Year to date revenue was down 1% to $147.45 million.

EDMONTON, Alberta, Oct. 01, 2018 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD) today celebrates its 50th year as a publicly traded company which was formed when several predecessor companies were amalgamated into Melton Real Estate Ltd. The shares were originally listed on the Vancouver Stock Exchange in 1968 and began trading on the Toronto… [Read More]