EDMONTON, Alberta, Aug. 15, 2023 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distributions of $0.04 per unit for the month of August 2023 unchanged from previous months. The August distribution will be payable as follows: Month Record Date Distribution Date Distribution… [Read More]

EDMONTON, Alberta, July 27, 2023 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (Melcor REIT – TSX: MR.UN) is experiencing technical delays in the filing of its Condensed Interim Consolidated Financial Statements and Management’s Discussion & Analysis for the second quarter ended June 30, 2023 on the newly launched SEDAR+ platform. Such Financial Statements, MD&A… [Read More]

EDMONTON, Alberta, July 27, 2023 (GLOBE NEWSWIRE) — Melcor REIT (TSX: MR.UN) today announced results for the second quarter ended June 30, 2023. Revenue was stable at $18.12 million in the quarter and $37.11 million year-to-date. Second quarter same-asset NOI was up 4% to $11.02 million and was up 1% year-to-date at $21.92 million. In-place occupancy… [Read More]

EDMONTON, Alberta, July 14, 2023 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distribution of $0.04 per unit for the month of July 2023 unchanged from previous months. The July distribution will be payable as follows: Month Record Date Distribution Date Distribution… [Read More]

EDMONTON, Alberta, May 02, 2023 (GLOBE NEWSWIRE) — Melcor REIT (TSX: MR.UN) today announced results for the first quarter ended March 31, 2023. Revenue was stable in the quarter at $18.99 million and net operating income was down 3% at $11.52 million. Occupancy currently sits at 88%, up 0.3% compared to year-end and we have retained… [Read More]

EDMONTON, Alberta, April 27, 2023 (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 17,372,521 units were voted in person or by proxy, representing 59.72% of the outstanding units as of the record date. Unitholders approved all… [Read More]

EDMONTON, Alberta, April 26, 2023 (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 17,372,521 units were voted in person or by proxy, representing 59.72% of the outstanding units as of the record date. Unitholders approved all… [Read More]

EDMONTON, Alberta, April 14, 2023 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distributions of $0.04 per unit for the months of April, May & June 2023 unchanged from previous months. The April, May and June distributions will be payable as follows:… [Read More]

EDMONTON, Alberta, March 08, 2023 (GLOBE NEWSWIRE) — Melcor REIT (TSX: MR.UN) today announced results for the fourth quarter and year ended December 31, 2022. Annual rental revenue was steady at $74.11 million. Annual adjusted cash flow from operations (ACFO1) was down 13% to $17.87 million or $0.61 per unit as a result of higher spend… [Read More]

Highlights Office building with main floor retail with total gross leasable area of 71,600 sf on a 2.8 acre site. Sold for $19.5 million ($272.24/sf), resulting in net cash proceeds of $9.0 million after mortgage repayment. EDMONTON, Alberta, Feb. 02, 2023 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (Melcor REIT – TSX: MR.UN) today… [Read More]

EDMONTON, Alberta, Jan. 16, 2023 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distributions of $0.04 per unit for the months of January, February & March 2023 unchanged from previous months. The January, February and March distributions will be payable as follows:… [Read More]

EDMONTON, Alberta, Dec. 23, 2022 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (“the REIT” – TSX: MR.UN) today announced that it will repay in cash the total outstanding principal amount of the 5.25% unsecured convertible debentures, together with all accrued and unpaid interest. The payout of $23.58 million will occur by December 31, 2022… [Read More]