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]

EDMONTON, Alberta, Dec. 08, 2022 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (“the REIT” – TSX: MR.UN) today announced the appointment of Naomi Stefura to the board of trustees. Naomi is the Executive Vice President and Chief Financial Officer of Melcor Developments Ltd. (Melcor) and also Chief Financial Officer of the REIT. She has… [Read More]