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Alberta

Melcor Dev. pitches plan to acquire 100% of Melcor REIT

Don Wilcox Commercial REITs British Columbia Sep. 13 2024

Melcor Developments (MRD-T) has proposed a plan to acquire all the equity interest in Melcor REIT LP (MR.UN-T) which the company does not already own (approximately 45 per cent of the units) for $4.95 per share in cash.

Calgary's CRE investment market 'remarkably' strong: Barclay Street

Mario Toneguzzi Commercial Market Reports Calgary Aug. 22 2024

Investment activity in Calgary's commercial real estate market was “remarkably” strong through the first half of this year - the third-highest period on record going back to 2013, according to a new report by Barclay Street Real Estate.

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