FOR IMMEDIATE DISTRIBUTION. NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES. EDMONTON, Alberta, Nov. 26, 2020 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX:MR.UN) (“the REIT“) today announced that its Board of Trustees held a meeting on November 25, 2020 to consider the substance of the press release issued… [Read More]
Update on Melcor REIT's News Release Issued Today at 11:38 AM MT
NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES. EDMONTON, Alberta, Nov. 23, 2020 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX:MR.UN) – Further to our press release from earlier today, we have investigated the matter and discovered that the original letter, dated November 4, 2020 and sent to us… [Read More]
Melcor REIT Response to Press Release Issued Today by Firm Capital
FOR IMMEDIATE DISTRIBUTION. NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES. EDMONTON, Alberta, Nov. 23, 2020 (GLOBE NEWSWIRE) — In response to the press release issued today by FC Private Equity Realty Management Corp. (“Firm Capital“), Melcor Real Estate Investment Trust (TSX:MR.UN) (“Melcor REIT“) would advise as follows: The Board… [Read More]
Melcor REIT announces third quarter 2020 results
EDMONTON, Alberta, Nov. 05, 2020 (GLOBE NEWSWIRE) — Highlights Rental revenue was up 6% over Q3-2019 at $18.44 million; up 6% at $55.83 million year to date Net operating income was down 8% over Q3-2019 at $10.57 million, and increased 1% at $34.27 million year to date Adjusted cash flow from operations (ACFO) was down 26% to… [Read More]
Melcor REIT announces October, November and December distribution of $0.03 per unit
EDMONTON, Alberta, Oct. 15, 2020 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distributions of $0.03 per unit for the months of October, November and December 2020, unchanged from previous months. The October, November and December distributions will be payable as follows:… [Read More]
Melcor REIT announces September distribution of $0.03 per unit
EDMONTON, Alberta, Sept. 15, 2020 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distributions of $0.03 per unit for the month of September. The July distribution will be payable as follows: Month Record Date Distribution Date Distribution Amount September 2020 September 30,… [Read More]
Melcor REIT announces second quarter 2020 results and declares monthly distribution of $0.03 per trust unit
Highlights Rental revenue was up 4% over Q2-2019 at $18.10 million; up 6% at $37.39 million year to date Net operating income grew 3% over Q2-2019 at $11.74 million; up 6% at $23.70 million year to date Adjusted cash flow from operations (ACFO) was down 1% to $4.74 million or $0.16 per unit over Q2-2019, and… [Read More]
Melcor REIT announces July distribution of $0.03 per unit, July rent collection update
EDMONTON, Alberta, July 15, 2020 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distributions of $0.03 per unit for the month of July. The July distribution will be payable as follows: Month Record Date Distribution Date Distribution Amount July 2020 July 31,… [Read More]
Melcor REIT announces Annual General Meeting Trustee Vote Results
EDMONTON, Alberta, June 25, 2020 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (Melcor REIT – TSX: MR.UN) today announced the results of its annual general meeting (AGM), held today. A total of 17,640,181 units were voted by proxy, representing 60.42% of the outstanding units as of the record date. Unitholders approved all items of… [Read More]
Melcor REIT announces June distribution of $0.03 per unit, June rent collection update and Q2-2020 conference call details
EDMONTON, Alberta, June 15, 2020 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distributions of $0.03 per unit for the month of June. The June distribution will be payable as follows: Month Record Date Distribution Date Distribution Amount June 2020 June 30,… [Read More]
Melcor REIT terminates Automatic Share Purchase Plan
EDMONTON, Alberta, June 05, 2020 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX:MR.UN) (the REIT) today announced that it is terminating the previously announced Automatic Share Purchase Plan (ASPP) put in place in connection with the normal course issuer bid (NCIB). The termination is effective June 25, 2020. The REIT entered into the ASPP… [Read More]
Melcor REIT announces first quarter 2020 results and declares monthly distribution of $0.03 per trust unit
EDMONTON, Alberta, May 14, 2020 (GLOBE NEWSWIRE) — Highlights Rental revenue was up 8% over Q1-2019 at $19.29 million; Net operating income grew 9% over Q1-2019 at $11.96 million; Adjusted cash flow from operations (ACFO) increased 7% to $4.97 million or $0.17 per unit in the quarter; Occupancy remained stable over Q4-2019 at 88%; Distributions… [Read More]