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Madison Pacific Properties Inc T.MPC

Alternate Symbol(s):  MDPCF | T.MPC.C

Real Estate Real Estate - General
Madison Pacific Properties Inc. is a Canada-based company, which owns, manages and develops commercial real estate assets. These industrial, retail, residential and office assets are located in British Columbia, Alberta and Ontario. The Company’s investment portfolio comprises 55 properties with approximately 1.9 million rentable sq. ft. of industrial and commercial space and a 50% interest in seven multi-family rental properties with a total of 219 units. Approximately 91.25% of available space within the industrial and commercial investment properties is leased and within the multi-family residential properties, 98.2% is leased. Its development properties include a 50% interest in the Silverdale Hills Limited Partnership which owns approximately 1,405 acres of primarily residential designated development lands in Mission, British Columbia. Its portfolio includes 1919 W 8th Vancouver, British Columbia and 1873 Adanac St. Vancouver, British Columbia.


TSX:MPC - Post by User

Madison Pacific Properties Inc > Q2
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Comment by undervalueon Apr 15, 2023 11:07am
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Post# 35396630

RE:Q2

RE:Q2Bulk of increase came from placing similar cap rates on increasing rents.
Office cap rate actually up a touch.
Jv income flat, the single sales at Nelson Grove will wait till home delivery dates mostly this year.
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