Melcor REIT, a company that suspended its distribution and sold properties outside of its home province of Alberta to improve liquidity, has agreed to be sold to its largest shareholder.
Edmonton's Melcor REIT agrees to sell itself to parent
Developer to bring real estate investment trust it had spun off back in-house
By Garry Marr
CoStar NewsSeptember 17, 2024 | 4:24 P.M.
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IN THIS ARTICLE
- Companies
- Melcor Developments Ltd.
Construction
- Contacts
- Timothy Melton
Chief Executive Officer, Executive Chairman, Melcor Developments Ltd.