Melcor Real Estate Investment Trust (“Melcor REIT” or the “REIT”) (TSX: MR.UN) today announces the appointment of Barry James, FCA, FCPA, ICD.D and Brandon Kot as new Trustees of Melcor REIT effective immediately. Mr. James brings extensive board and financial experience to the REIT. Mr. James qualified as a Chartered Accountant in 1983 and became a Fellow of the Chartered Accountants in 2007. He was admitted to the PricewaterhouseCoopers partnership in 1989 and served as Managing Partner of the Edmonton office from 2001 to 2011. Since then, Mr. James has served on multiple boards, includin ..read more

Melcor Real Estate Investment Trust (“Melcor REIT” or the “REIT”) (TSX: MR.UN) today announced results for the fourth quarter and year ended December 31, 2023. The annual Management Discussion & Analysis and Condensed Interim Financial Statements are available on our website (www.MelcorREIT.ca) under Financial Reports, or on SEDAR+ (www.sedarplus.ca) Andrew Melton, CEO of Melcor REIT commented: “In the face of persistent challenges, including escalating finance costs and the ongoing impact of inflation on operating and leasing expenses, we remain steadfast in our commitment to navigate t ..read more

Melcor Real Estate Investment Trust (“the REIT” – TSX: MR.UN) today announced that Mr. Larry Pollock and Ms. Carolyn Graham have resigned as a trustees of Melcor REIT. In accordance with the REIT’s declaration of trust, the resignations will be effective March 5, 2024 or such earlier date as the Board may determine. Ralph Young, Chairman of the Board of Melcor REIT commented “on behalf of the Board of Trustees, we thank Mr. Pollock and Ms. Graham for their valued contributions to the board. We wish both Mr. Pollock and Ms. Graham all the best in their future endeavors.” The board is engaged ..read more

Melcor REIT announces January distribution of $0.04 per unit Edmonton, Alberta | January 15, 2024 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 January 2024 unchanged from previous months. The January distribution will be payable as follows: Month Record Date Distribution Date Distribution Amount January 2024 January 31, 2024 February 15, 2024 $0.04 per unit About Melcor REIT Melcor REIT is an unincorporated, open-ended real estate investment trust. Melcor REIT owns, a ..read more

Melcor REIT announces December distribution of $0.04 per unit Edmonton, Alberta | December 15, 2023 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 December 2023 unchanged from previous months. The December distribution will be payable as follows: Month Record Date Distribution Date Distribution Amount December 2023 December 29, 2023 January 15, 2024 $0.04 per unit About Melcor REIT Melcor REIT is an unincorporated, open-ended real estate investment trust. Melcor REIT own ..read more

Melcor REIT announces November distribution of $0.04 per unit Edmonton, Alberta | November 15, 2023 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 November 2023 unchanged from previous months. The November distribution will be payable as follows: Month Record Date Distribution Date Distribution Amount November 2023 November 30, 2023 December 15, 2023 $0.04 per unit About Melcor REIT Melcor REIT is an unincorporated, open-ended real estate investment trust. Melcor REIT ow ..read more

Melcor REIT (TSX: MR.UN) today announced results for the third quarter ended September 30, 2023. The third quarter Management Discussion & Analysis and Condensed Interim Financial Statements are available on our website (www.MelcorREIT.ca) under Financial Reports, or on SEDAR+ (www.sedarplus.ca). Andrew Melton, CEO of Melcor REIT commented: “We are pleased to report stable third quarter results despite challenging market conditions. Our property management group remains dedicated to our existing tenants and providing best-in-class service and our leasing teams efforts have helped to incre ..read more

Melcor REIT announces October distribution of $0.04 per unit Edmonton, Alberta | October 16, 2023 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 October 2023 unchanged from previous months. The October distribution will be payable as follows: Month Record Date Distribution Date Distribution Amount October 2023 October 31, 2023 November 15, 2023 $0.04 per unit Melcor REIT results for the third quarter and period ended September 30, 2023 are scheduled to be released on Nove ..read more

Melcor REIT announces August 2023 distribution of $0.04 per unit Edmonton, Alberta | August 15, 2023 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 Amount August 2023 August 31, 2023 September 15, 2023 $0.04 per unit Melcor REIT results for the third quarter and period ended September 30, 2023 are scheduled to be released on Nov ..read more

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 currently sits at 87% with committed occupancy at 89%. Andrew Melton, CEO of Melcor REIT commented: “I’m pleased to report another quarter of stable results for the REIT. We continue to be encouraged with progress we are making on new and renewed leasing, and have achieved a 92% retention rat ..read more