EDMONTON, Alberta, Aug. 19, 2021 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (Melcor REIT – TSX: MR.UN) has been advised by Melcor Developments Ltd. (Melcor) that Darin Rayburn will be retiring from his position of President & CEO of Melcor on December 31, 2021. As a result, Melcor will be recommending a new CEO… [Read More]

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]

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]

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]

EDMONTON, Alberta, May 17, 2021 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX: MR.UN) invites unitholders and guests to attend its annual general meeting on Thursday, May 20, 2021 at 9:30am MT (11:30am ET). Unitholders and guests may attend and ask questions at this year’s virtual AGM. Unitholders may vote online with their Control… [Read More]

EDMONTON, Alberta, March 04, 2021 (GLOBE NEWSWIRE) — Annual Highlights Rental revenue of $74.57 million for growth of 5% over 2019. Net rental income of $43.33 million for growth of 2% over 2019. Adjusted cash flow from operations (ACFO) remained stable over 2019 at $18.58 million. ACFO per unit decreased by 3% over 2019 at… [Read More]

EDMONTON, Alberta, Jan. 14, 2021 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX: MR.UN) announces that the REIT’s Board of Trustees met to confirm Q1-2021 distributions and several other matters. Ralph Young, Chair of the Board commented: “I am pleased to report to unitholders, on behalf of the Board, that business conditions, financial results… [Read More]

FOR IMMEDIATE DISTRIBUTION. NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES. EDMONTON, Alberta, Dec. 08, 2020 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX:MR.UN) (“the REIT”) today announced that its Board of Trustees held its annual strategic planning and budgeting session for the upcoming year on December 4, 2020…. [Read More]

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]

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]

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]

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]