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Off-market insider buying at Madison Pacific Property (T:MPC)

Updated Thursday Sep 09, 2021 02:47 AM EDT

Madison Venture Corporation, a 10% Holder, acquired 134,250 Common Shares Class B Voting on a direct ownership basis at a price of $6.600 through a private transaction on September 7th, 2021. The insider also acquired 500,000 Non-Voting Shares Class C on a direct ownership basis at a price of $6.000 through a private transaction on September 7th, 2021. This represents a $3,886,050 investment into the company's shares and an account share holdings change of 34.1%.

Madison Pacific Properties Inc. (Madison) is a Canada-based company, which is engaged in the business of acquiring, developing and managing revenue from industrial, office and retail real estate properties. The Company's total leasable area of the industrial, retail and office properties is 1.78 million square feet. Madison provides third-party property management in addition to managing its portfolio of investment properties. These services include tenant services and relationships, building operations, leasing, lease administration, property accounting and reporting and project management services. Leasing services include working with designated leasing agents and performing thorough tenant screening. Property Accounting and Reporting services include monthly reporting and annual budgeting. Project Management services include tenant improvement project oversight and special asset improvement projects.

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Go to Madison Pacific Properties Inc. (MPC)'s company page

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