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Madison Pacific Properties Inc T.MPC

Alternate Symbol(s):  MDPCF | T.MPC.C

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

Post by undervalueon Jun 04, 2021 11:05am
224 Views
Post# 33329566

You read it here first.

You read it here first.https://www.canadianvaluestocks.com/madison-pacific-properties/

I think he is conservative. The Vancouver proper industrial, Mount Pleasant and East Van have been getting 3 times FSR and trade for $1000 a foot (just land) The City has been granting 6 times FSR on some projects (ie twice) I will leave it up to you to look up the square footage.
The Coquitlam project is 1400 units, and Silverdale should earn 200k per doorstep over the course of the devlopment. (700 million)
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