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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.


TSX:MPC - Post by User

Madison Pacific Properties Inc
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Post by undervalueon Feb 08, 2022 11:55am
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Post# 34408869

The beat goes on.

The beat goes on.

BC typically attracts 17% of Canada’s new immigrants and of this provincial figure, 78% go to Metro Vancouver.

Rennie anticipates a new record of over 70,000 permanent residents will go to BC in 2022, with a new record of 55,000 calling Metro Vancouver their new home — equivalent to the population of the city of Port Coquitlam.

While immigration will accelerate, there will be a slight reversal of the strong pandemic-time domestic migration flows into Metro Vancouver from other parts of Canada.

Based on the last reference period for data, from the second quarter of 2020 to the third quarter of 2021, BC attracted over 48,000 net interprovincial migrants.

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