For some time, major Canadian office markets have been experiencing a flight to quality, with many tenants leveraging increased vacancy and resulting supply to relocate to newer, higher-quality, better-located offices with attractive amenities.
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.
Industry Events
Canada
Palais des congrès de Montréal
Metro Toronto Convention Centre, North Building
Palais des Festivals, Cannes, France
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