Melcor Developments (MRD-T) has proposed a plan to acquire all the equity interest in Melcor REIT LP (MR.UN-T) which the company does not already own (approximately 45 per cent of the units) for $4.95 per share in cash.
Hepsor, its Canadian partner Elysium Investments and International Property Group/Oikoi Living have acquired a development property in Toronto’s High Park neighbourhood on which there are plans to construct a two-tower residential project.
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