Melcor Developments Ltd. is a Canada-based diversified real estate development and asset management company. The Company operates through four divisions: Community Development, Property Development, Investment Property and Recreational Property. The Community Development division acquires raw land in urban corridors and subsequently plans, develops and markets the land as builder ready urban communities. The Property Development division develops, manages construction, markets and initially leases retail, office and industrial revenue producing properties on prime commercial sites purchased primarily from its Community Development division. The Investment Property division manages and leases its portfolio of residential, office, retail and industrial properties. The Recreational Property division owns and manages championship golf courses.