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.

EDMONTON, AB–(Marketwired – March 15, 2017) – Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the fourth quarter and year ended December 31, 2016. The economic environment remained challenging in many of Melcor’s Alberta markets throughout the year, resulting in revenue of $242.46 million in… [Read More]

EDMONTON, ALBERTA–(Marketwired – Nov. 10, 2015) – Melcor Developments Ltd. (TSX:MRD), an Alberta-based real estate development and asset management company, today reported results for the quarter ended September 30, 2015. Revenue for the quarter was $87.92 million compared to $93.48 million in Q3-2014. Year-to-date revenue decreased to $171.59 million from $191.56 million as a result… [Read More]

EDMONTON, ALBERTA–(Marketwired – Sept. 25, 2015) – NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES. Melcor Developments Ltd (TSX:MRD) (“Melcor”) announces today that effective October 2, 2015 (the “Effective Date”), CST Trust Company will replace Valiant Trust Company as the registrar and transfer agent of Melcor’s Common Shares. As of… [Read More]

EDMONTON, ALBERTA–(Marketwired – Aug. 11, 2015) – Melcor Developments Ltd. (TSX:MRD), an Alberta-based real estate development and asset management company, today reported results for the quarter ended June 30, 2015. Revenue for the quarter was $46.11 million compared to $66.06 million in Q2-2014. Year-to-date revenue decreased to $83.67 million from $98.07 million. Growth in size… [Read More]

EDMONTON, ALBERTA–(Marketwired – May 12, 2015) – Melcor Developments Ltd. (TSX:MRD), an Alberta-based real estate development and asset management company, today reported results for the quarter ended March 31, 2015. Revenue grew 17% to $37.55 million in the quarter compared to $32.01 million in Q1-2014. Growth in the gross leasable area under management is the… [Read More]