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]

EDMONTON, Alberta, Aug. 02, 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 June 30, 2018. Revenue for the quarter was $42.79 million, down 9% over Q2-2017. Year to date revenue was $87.21 million, up 2% over the same period… [Read More]

EDMONTON, Alberta, March 07, 2018 (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, 2017. The economic environment improved in many of Melcor’s primary markets throughout the year,… [Read More]

EDMONTON, AB–(Marketwired – January 12, 2018) – Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, announced today that it has completed the sale of five commercial properties comprised of 172,629 sf gross leasable area (GLA) at its ownership percentage to Melcor Real Estate Investment Trust (the REIT) for $80.875… [Read More]

EDMONTON, AB–(Marketwired – December 04, 2017) – Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, announced today that it has agreed to sell a portfolio of five commercial properties comprised of 172,629 sf gross leasable area (GLA) at ownership percentage to Melcor Real Estate Investment Trust (the REIT) for… [Read More]

EDMONTON, AB–(Marketwired – November 03, 2017) – Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the quarter ended September 30, 2017. Third quarter revenue was $62.80 million, down 1% over Q3-2016. Revenue for the first half of the year was $148.32 million, up 9%.

EDMONTON, AB–(Marketwired – August 09, 2017) – Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the quarter ended June 30, 2017. Revenue was $46.96 million in the quarter, up 12% over Q2-2016. Revenue for the first half of the year was $85.52 million, up 18%.

EDMONTON, AB–(Marketwired – May 09, 2017) – Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the quarter ended March 31, 2017. Revenue for the quarter was $38.57 million up 26% over Q1-2016. Revenue growth was driven by a significant increase in sales in the Community… [Read More]

EDMONTON, AB–(Marketwired – April 26, 2017) – 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 on April 26, 2017. A total of 26,887,572 shares were voted in person or by proxy, representing 80.61% of the outstanding shares as… [Read More]

EDMONTON, AB–(Marketwired – March 15, 2017) – Melcor’s Board of Directors today announced that Brian Baker has resigned as President and Chief Executive Officer (CEO) effective April 15, 2017.