Ad

MR_u – Melcor Real Estate Investment Trust

Not Compliant

—X—

Melcor Real Estate Investment Trust is not compliant with Shariah. The company’s financials fail all the five standards we check against.

$69,425,669

Market cap

99.89%

Revenue Growth

HOLD

Analysts' Rating

Ad

Recommendation Rating

3

1

2

3

4

5

1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 5.52

Low: 5.42

High: 5.62

Total Analysts: 1

Company Profile

Melcor Real Estate Investment Trust is a Canada-based open-ended real estate investment trust. The Company’s principal business is to acquire, own and manage office, retail and industrial properties in select markets across Western Canada. The properties are externally managed, administered and operated by Melcor Developments Ltd. (Melcor). Its portfolio consists of interests in approximately 39 properties representing approximately 3.22 million square feet of gross leasable area located Alberta and in Regina, Saskatchewan, and Kelowna, British Columbia. The Company’s growth strategies are to acquire and improve. It continues to execute on this by improving assets with value-add investments and strategically growing its portfolio. Its relationship with Melcor, with a right on the commercial properties they develop is a key competitive advantage. Melcor has approximately five million square feet in planned commercial developments.

We do our best to screen stocks as accurately as possible. Please let us know in the comments if you spot an error or find something questionable. Jazaak Allahu khairan

Ad

Responses