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10% Holder buying at Melcor REIT (T:MR)

Updated Thursday Sep 28, 2017 01:58 AM EDT

Catherine M. Roozen, a 10% Holder, acquired 26,600 Trust Units on a control or direction basis for registered holder Rocor Holdings Ltd. at prices ranging from $8.600 to $8.640 between September 22nd, 2017 and September 25th, 2017. This represents a $229,160 investment into the company's shares and an account share holdings change of greater than 100%.

Melcor REIT is in the Commercial REITs Sub Industry Group under the Financials Sector.

Melcor Real Estate Investment Trust (REIT) is a Canada-based open-ended real estate investment trust. The objectives of the REIT are to generate stable and growing cash distributions on a tax-efficient basis; enhance the value of the REIT's assets and maximize long-term Unit value through active asset and property management, and expand the asset base of the REIT and increase adjusted funds from operations (AFFO) per Unit, primarily through acquisitions and improvement of its properties, including the Initial Properties, through targeted and strategically deployed capital expenditures. The Company's portfolio consists of properties located in western Canada, specifically in the metropolitan areas of Edmonton, Calgary, Lethbridge and Red Deer, Alberta; Regina, Saskatchewan, and Kelowna, British Columbia. It is engaged in acquiring, owning and managing office, retail and industrial properties in select markets across Western Canada. The Company is managed by Melcor Developments Ltd.

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Go to Melcor Real Estate Investment Trust (MR)'s company page

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