UPDATED WITH FC, TELSEC REPLY: Melcor Developments (MRD-T) has increased its offering for Melcor REIT (MR.UN-T) shares 11 per cent, to $5.50 per unit, as it continues efforts to take the trust private despite criticism from minority shareholders.
UPDATED WITH BGO partnership details: Starlight Investments and BGO have acquired a new, 227-suite apartment building in the Greater Toronto Area (GTA) city of Pickering, expanding a joint venture valued at over $600 million in assets.
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