Brief: Melcor 2016 FFO per share down 22 pct to $1.28

Melcor Developments

15/03/2017 21:05

March 15 (Reuters) - Melcor Developments Ltd  MRD.TO  
    * Melcor developments announces 2016 results, declares 
quarterly dividend of $0.13 per share 
    * Melcor developments ltd - funds from operations (ffo) per 
share was down 22% to $1.28 in 2016 compared to $1.64 in 2015 
    * Melcor developments ltd - "expect variations in market 
demand based on region and asset class to continue in 2017" 
    * Melcor developments ltd - also expect kelowna and 
lethbridge to remain unaffected by pressures of our other 
markets in 2017 
 
Source text for Eikon:  ID:nMKWDh9Q4a  
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