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Melcor REIT announces Change of Transfer Agent

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NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES. EDMONTON, Alberta, Feb. 15, 2022 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX:MR.UN) (the “REIT”) announced today that effective immediately, Odyssey Trust Company has replaced AST Trust Company as the registrar and transfer agent of the REIT’s Trust Units. All inquiries… [Read More]

Melcor REIT announces February 2022 distribution of $0.04 per unit

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EDMONTON, Alberta, Feb. 15, 2022 (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 February 2022, unchanged from previous months. The February distributions will be payable as follows: Month Record Date Distribution Date Distribution… [Read More]

Melcor REIT announces new leases comprising over 40,000 sf

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EDMONTON, Alberta, Feb. 04, 2022 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (“the REIT” – TSX: MR.UN) today announced that it has entered into leases with two tenants for over 40,000 sf in two properties. Andrew Melton, CEO of the REIT, commented: “Our practice is to intentionally fill vacancies with strategic, diversified tenants that… [Read More]

Melcor REIT announces January 2022 distribution of $0.04 per unit; announces Q4-2021 conference call details

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EDMONTON, Alberta, Jan. 17, 2022 (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 January 2022, unchanged from previous months. The January distribution will be payable as follows: Month Record Date Distribution Date Distribution… [Read More]

Melcor REIT announces third quarter 2021 results

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EDMONTON, Alberta, Nov. 02, 2021 (GLOBE NEWSWIRE) — Highlights Rental revenue was steady at $18.09 million in the quarter, $55.55 million year-to-date; Net operating income (NOI) grew 13% to $11.92 million in the quarter, 5% to $36.12 million year-to-date; Funds from operations (FFO) grew 23% to $6.64 million or $0.23 per unit in the quarter, 9% to… [Read More]

Melcor REIT announces October, November and December distribution of $0.04 per unit; announces Q3-2021 conference call details

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EDMONTON, Alberta, Oct. 15, 2021 (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 October, November and December 2021, unchanged from previous months. The October, November and December distributions will be payable as follows:… [Read More]

Melcor REIT announces second quarter 2021 results, announces 14% increase to August and September distributions

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EDMONTON, Alberta, July 27, 2021 (GLOBE NEWSWIRE) — Key Figures Rental revenue was steady at $17.98 million in the quarter, $37.46 million year-to-date; Net operating income was stable at $11.58 million in the quarter, $24.21 million year-to-date; Adjusted cash flow from operations (ACFO) was up 5% to $4.96 million or $0.17 per unit over Q2-2020; 10%… [Read More]

Melcor REIT announces July distribution of $0.035 per unit; announces Q2-2021 conference call details

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EDMONTON, Alberta, July 15, 2021 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distributions of $0.035 per unit for the month of July 2021, unchanged from previous months. The REIT will be re-evaluating its distribution at its upcoming second quarter meeting at… [Read More]

Melcor REIT announces Annual General Meeting Trustee Vote Results

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EDMONTON, Alberta, May 20, 2021 (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 17,268,375 units (21 unitholders) were voted by proxy, representing 59.19% of the outstanding units as of the record date. Unitholders approved all… [Read More]