MRD.TSXMelcor Developments Ltd.

$18.53
$0.27
(1.44%)
Today
Updated: 01:52 PM EDT
EarningsAug 13
Mkt Cap$556.58M
Vol300.00

About

Melcor Developments Ltd. is a real estate development and asset management company. It operates through the following segments: Land, Properties, Golf, and Corporate. The Land segment involves the acquisition of raw land for commercial and residential community development. The Properties segment focuses on the management of construction of income properties and oversees the leasing of commercial estates completed internally and externally purchased. The Golf segment consists of the golf courses championship associated with Melcor residential communities. The Corporate segment focuses on support functions including accounting, treasury, information technology, marketing, administration, legal, and human resources. The company was founded by Louis Timothy Melton on June 1, 1923 and is headquartered in Edmonton, Canada.
Sector:
Finance
Industry:
Real Estate Development
Employees:
394

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