EDMONTON, Alberta, Nov. 04, 2024 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (“Melcor REIT” or the “REIT”) (TSX: MR.UN) today announced results for the third quarter ended September 30, 2024. The third quarter Management Discussion & Analysis and Condensed Interim Financial Statements are available on our website (www.MelcorREIT.ca) under Financial Reports, or on SEDAR+ (www.sedarplus.ca)…. [Read More]
Melcor Real Estate Investment Trust Announces Filing of Management Information Circular for Special Meeting of Unitholders to Approve Arrangement
Melcor REIT Unitholders will receive $4.95 per unit, representing an unaffected premium of 46.0% and a 61.3% premium on the 30-day VWAP Consideration supported by an independent formal valuation and fairness opinions Circular details the robust process, including arm’s length negotiations by Independent Committee and Go-Shop Provision Voting Unitholders who have questions or need assistance… [Read More]
Melcor REIT Advises Unitholders to Take No Action on “Mini-Tender” Offer
EDMONTON, Alberta, Oct. 25, 2024 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (“Melcor REIT” or the “REIT”) (TSX:MR.UN) today confirms it has received notice of FC Private Equity Realty Management Corp. and Telsec Property Corporation’s press release regarding their unsolicited “mini tender” offer (the “Mini-Tender Offer”) to acquire up to 1,296,316 of the REIT’s… [Read More]
Melcor Real Estate Investment Trust Announces Expiration of “Go-Shop” Period
No superior offer made with 100 parties solicited Unitholders who have questions, should contact, Laurel Hill Advisory Group, at North America Toll Free: 1-877-452-7184 or By Email: assistance@laurelhill.com EDMONTON, Alberta, Oct. 16, 2024 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (“Melcor REIT” or the “REIT”) (TSX:MR.UN) today announced the expiration of the “go-shop” period (the… [Read More]
Melcor Developments Ltd. to Acquire Melcor Real Estate Investment Trust for $4.95 per Trust Unit
EDMONTON, Alberta, Sept. 12, 2024 (GLOBE NEWSWIRE) — Melcor REIT Unitholders will receive $4.95 in cash per Trust Unit The transaction represents a premium of 61.3% to the REIT’s 30-day volume weighted average unit price on the TSX Melcor REIT’s 5.10% convertible unsecured subordinated debentures, with a maturity date of December 31, 2024, will be… [Read More]
Melcor REIT announces second quarter 2024 results
EDMONTON, Alberta, July 30, 2024 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (“Melcor REIT” or the “REIT”) (TSX: MR.UN) today announced results for the second quarter ended June 30, 2024. The second quarter Management Discussion & Analysis and Condensed Interim Financial Statements are available on our website (www.MelcorREIT.ca) under Financial Reports, or on SEDAR+ (www.sedarplus.ca)… [Read More]
Melcor REIT announces election of trustees
EDMONTON, Alberta, June 25, 2024 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (Melcor REIT – TSX: MR.UN) today announced the results of its annual general meeting, held today. A total of 17,757,073 units were voted in person or by proxy, representing 61.05% of the outstanding units as of the record date. Unitholders approved all… [Read More]
Melcor REIT announces first quarter 2024 results
EDMONTON, Alberta, May 08, 2024 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (“Melcor REIT” or the “REIT”) (TSX: MR.UN) today announced results for the first quarter ended March 31, 2024. The first quarter Management Discussion & Analysis and Condensed Interim Financial Statements are available on our website (www.MelcorREIT.ca) under Financial Reports, or on SEDAR+ (www.sedarplus.ca)… [Read More]
Melcor REIT announces appointment of Barry James and Brandon Kot as Melcor REIT Trustees and provides strategic review update
EDMONTON, Alberta, April 16, 2024 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (“Melcor REIT” or the “REIT”) (TSX: MR.UN) today announces the appointment of Barry James, FCA, FCPA, ICD.D and Brandon Kot as new Trustees of Melcor REIT effective immediately. Mr. James brings extensive board and financial experience to the REIT. Mr. James qualified… [Read More]
Melcor REIT announces Q4 and 2023 annual results
EDMONTON, Alberta, March 05, 2024 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (“Melcor REIT” or the “REIT”) (TSX: MR.UN) today announced results for the fourth quarter and year ended December 31, 2023. The annual Management Discussion & Analysis and Condensed Interim Financial Statements are available on our website (www.MelcorREIT.ca) under Financial Reports, or on SEDAR+… [Read More]
Melcor REIT Announces Commencement of Strategic Review Process and Suspension of Distribution
EDMONTON, Alberta, Feb. 22, 2024 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (“Melcor REIT” or the “REIT”) (TSX: MR.UN) today announces steps to strengthen its financial position and maximize unitholder value, including commencement of a strategic review process and a suspension of its monthly distribution. Strategic Review Process The Board of Trustees (the “Board”)… [Read More]
Larry Pollock and Carolyn Graham resign as Melcor REIT Trustees
EDMONTON, Alberta, Feb. 06, 2024 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (“the REIT” – TSX: MR.UN) today announced that Mr. Larry Pollock and Ms. Carolyn Graham have resigned as a trustees of Melcor REIT. In accordance with the REIT’s declaration of trust, the resignations will be effective March 5, 2024 or such earlier… [Read More]
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