EDMONTON, Alberta, Oct. 15, 2020 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distributions of $0.03 per unit for the months of October, November and December 2020, unchanged from previous months. The October, November and December distributions will be payable as follows:… [Read More]

EDMONTON, Alberta, Sept. 15, 2020 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distributions of $0.03 per unit for the month of September. The July distribution will be payable as follows: Month Record Date Distribution Date Distribution Amount September 2020 September 30,… [Read More]

Highlights Rental revenue was up 4% over Q2-2019 at $18.10 million; up 6% at $37.39 million year to date Net operating income grew 3% over Q2-2019 at $11.74 million; up 6% at $23.70 million year to date Adjusted cash flow from operations (ACFO) was down 1% to $4.74 million or $0.16 per unit over Q2-2019, and… [Read More]

EDMONTON, Alberta, July 15, 2020 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distributions of $0.03 per unit for the month of July. The July distribution will be payable as follows: Month Record Date Distribution Date Distribution Amount July 2020 July 31,… [Read More]

EDMONTON, Alberta, June 25, 2020 (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 17,640,181 units were voted by proxy, representing 60.42% of the outstanding units as of the record date. Unitholders approved all items of… [Read More]

EDMONTON, Alberta, June 15, 2020 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distributions of $0.03 per unit for the month of June. The June distribution will be payable as follows: Month Record Date Distribution Date Distribution Amount June 2020 June 30,… [Read More]

EDMONTON, Alberta, June 05, 2020 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX:MR.UN) (the REIT) today announced that it is terminating the previously announced Automatic Share Purchase Plan (ASPP) put in place in connection with the normal course issuer bid (NCIB). The termination is effective June 25, 2020. The REIT entered into the ASPP… [Read More]

EDMONTON, Alberta, May 14, 2020 (GLOBE NEWSWIRE) — Highlights Rental revenue was up 8% over Q1-2019 at $19.29 million; Net operating income grew 9% over Q1-2019 at $11.96 million; Adjusted cash flow from operations (ACFO) increased 7% to $4.97 million or $0.17 per unit in the quarter; Occupancy remained stable over Q4-2019 at 88%; Distributions… [Read More]

EDMONTON, Alberta, April 17, 2020 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX:MR.UN) (the REIT) today announced an operations update as well as a change to the Q1 earnings date and AGM details. OPERATIONS UPDATE The REIT announced that as of today, it has collected 71% of April rents. By asset class, Retail tenants… [Read More]

EDMONTON, Alberta, April 01, 2020 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX:MR.UN) (the REIT) announced today that it is postponing its annual general meeting (AGM) until June 25, 2020 in response to the COVID-19 pandemic and the current restriction on gatherings of larger than fifteen people in Alberta. Darin Rayburn, President and Chief… [Read More]

NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES. EDMONTON, Alberta, March 30, 2020 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX:MR.UN) (the “REIT”) announced today that the Toronto Stock Exchange has accepted its notice of intention to make a normal course issuer bid through the facilities of the TSX… [Read More]

EDMONTON, Alberta, March 20, 2020 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distributions of $0.03 per unit for the month of April. This represents a reduction of 47% to the current distribution. The March distribution, payable April 15, 2020, will remain… [Read More]