Madison Pacific Properties Inc T.MPC

Alternate Symbol(s): T.MPC.C | MDPCF

Madison Pacific Properties Inc. is a Canada-based real estate company, which owns, develops, and operates office, industrial, commercial, and multi-family rental properties located in British Columbia, Alberta, and Ontario. The Company also has investments in joint ventures that develop residential properties. The Company’s investment portfolio comprises around 54 properties with approximately 1.9 million rentable square feet (sq. ft) of industrial and commercial space and a 50% interest in two- multi-family rental properties with a total of 94 units. It offers a range of property management services for its portfolio of investment properties, which include tenant services and relationships, building operations, lease administration, property accounting and reporting and project management services. Its development properties include a 50% interest in the Silverdale Hills Limited Partnership which owns approximately 1,400 acres of development lands in Mission, British Columbia.

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Madison Pacific Properties Inc > Book

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Comment by undervalueon Jan 18, 2022 12:01pm

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Post# 34328834

RE:Book

Silverdale JV lands increased last year.
Plus 22 acres.
On the mls, a few trades have taken place. The asks were around 700k an acre.
At that comparable, MPC has over $8 pre tax per share, just in Silverdale.

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