Melcor Developments Ltd. is a real estate development and asset management company. The company is headquartered in Edmonton, Alberta and currently employs 135 full-time employees. The firm operates in four segments: Land, Properties, REIT, and Golf. The Land segment is responsible for purchasing and developing land to be sold as residential, industrial and commercial lots. The Properties segment owns approximately 24 leasable commercial, retail and residential properties and other rental income producing assets, such as parking lots and land leases. The REIT segment owns approximately 38 leasable commercial and retail properties and other rental income producing assets, such as residential property, parking lots and land leases. The Golf segment owns and manages three 18-hole golf course operations (one of which is 60% owned) and has a 50% ownership interest in one 18-hole golf course.
Follow-Up Questions
Who is the CEO of Melcor Developments Ltd?
Mr. Timothy Melton is the Executive Chairman of the Board of Melcor Developments Ltd, joining the firm since 1973.
What is the price performance of MODVF stock?
The current price of MODVF is $10.43, it has decreased 0% in the last trading day.
What are the primary business themes or industries for Melcor Developments Ltd?
Melcor Developments Ltd belongs to Real Estate industry and the sector is Real Estate
What is Melcor Developments Ltd market cap?
Melcor Developments Ltd's current market cap is $314.9M
Is Melcor Developments Ltd a buy, sell, or hold?
According to wall street analysts, 3 analysts have made analyst ratings for Melcor Developments Ltd, including 0 strong buy, 0 buy, 3 hold, 3 sell, and 0 strong sell
