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Melcor Real Estate Investment Trust (T:MR.UN)

Business Focus: Commercial REITs (NEC)

Apr 16, 2024 06:34 pm ET
Melcor REIT announces appointment of Barry James and Brandon Kot as Melcor REIT Trustees and provides strategic review update
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...
Mar 13, 2024 05:01 pm ET
FC Private Equity Realty Management Corp. Sends Letter to Melcor REIT:
FC Private Equity Realty Management Corp. (“Firm Capital”), through affiliated entities, is an owner of both Melcor Real Estate Investment Trust (TSX : MR.UN) (the “REIT”), and Melcor Series B Convertible Unsecured Debentures (TSX : MR.DB.B) (the...
Mar 05, 2024 08:47 pm ET
Melcor REIT announces Q4 and 2023 annual results
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...
Feb 22, 2024 05:36 pm ET
Melcor REIT Announces Commencement of Strategic Review Process and Suspension of Distribution
Melcor Real Estate Investment Trust ("Melcor REIT" or the "REIT") (TSX: MR.UN) today announces steps to strengthen its financial position and maximize unitholder value, including commencement of a strategic review process and a suspension of its...
Feb 06, 2024 06:30 am ET
Larry Pollock and Carolyn Graham resign as Melcor REIT Trustees
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...
Jan 15, 2024 06:00 pm ET
Melcor REIT announces January distribution of $0.04 per unit
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...
Dec 15, 2023 05:30 pm ET
Melcor REIT announces December distribution of $0.04 per unit
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...
Nov 15, 2023 05:30 pm ET
Melcor REIT announces November distribution of $0.04 per unit
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...
Nov 02, 2023 05:33 pm ET
Melcor REIT announces third quarter 2023 results
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...
Oct 16, 2023 05:30 pm ET
Melcor REIT announces October distribution of $0.04 per unit
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...
Sep 15, 2023 05:58 pm ET
Melcor REIT announces September distribution of $0.04 per unit
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 September 2023 unchanged from previous months. The September distribution will be...
Aug 15, 2023 05:30 pm ET
Melcor REIT announces August distribution of $0.04 per unit
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...
Jul 27, 2023 08:54 pm ET
Melcor REIT announces delay in filing its Q2 financial statements on SEDAR +
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,...
Jul 27, 2023 05:30 pm ET
Melcor REIT announces second quarter 2023 results
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...
Jul 14, 2023 05:33 pm ET
Melcor REIT announces July 2023 distribution of $0.04 per unit
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...
May 02, 2023 06:21 pm ET
Melcor REIT announces first quarter 2023 results
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%...
Apr 27, 2023 02:29 pm ET
Melcor REIT announces election of trustees - CORRECTION
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...
Apr 26, 2023 06:46 pm ET
Melcor REIT announces election of trustees
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...
Apr 14, 2023 05:01 pm ET
Melcor REIT announces April, May & June distributions of $0.04 per unit
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...
Mar 08, 2023 06:58 pm ET
Melcor REIT announces Q4 and 2022 annual results
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...
Feb 02, 2023 04:10 pm ET
Melcor REIT sells office building in Kelowna, BC for $19.5 million
Melcor Real Estate Investment Trust (Melcor REIT - TSX: MR.UN) today announced that it has completed the sale of Kelowna Business Centre in Kelowna, BC for $19.5 million (excluding closing costs). Andrew Melton, Chief Executive Officer of Melcor...
Jan 16, 2023 03:38 pm ET
Melcor REIT announces January, February & March distributions of $0.04 per unit
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,...
Dec 23, 2022 12:23 pm ET
Melcor REIT announces repayment of 5.25% unsecured convertible debentures
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...
Dec 08, 2022 03:08 pm ET
Melcor REIT appoints Naomi Stefura as Trustee
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...
Nov 03, 2022 05:23 pm ET
Melcor REIT announces third quarter 2022 results
Melcor REIT (TSX: MR.UN) today announced results for the third quarter ended September 30, 2022. Revenue was stable in the quarter and year-to-date. Net operating income was down 3% in the quarter at $11.61 million due to the timing of operating...
Aug 15, 2022 04:01 pm ET
Melcor REIT announces August, September and October 2022 distribution of $0.04 per unit
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 August, September and October 2022, unchanged from previous months. The August,...
Jul 26, 2022 07:13 pm ET
Melcor REIT announces second quarter 2022 results
Melcor REIT (TSX: MR.UN) today announced results for the second quarter ended June 30, 2022. Rental revenue was up 1% in the quarter at $18.15 million and down 1% at $37.12 million year-to-date. NOI was down 2% in the quarter at $11.39 million and...
Jul 15, 2022 05:00 pm ET
Melcor REIT announces July 2022 distribution of $0.04 per unit
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 July 2022, unchanged from previous months. The July distributions will be payable...
Jun 15, 2022 05:00 pm ET
Melcor REIT announces June 2022 distribution of $0.04 per unit
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 June 2022, unchanged from previous months. The June distributions will be payable...
May 26, 2022 05:56 pm ET
Melcor REIT announces execution of Amended and Restated Asset Management and Property Management Agreements with Melcor Developments Ltd.
NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES. Melcor Real Estate Investment Trust (TSX:MR.UN) (the “REIT”) announced today that it entered into amended and restated asset management and property management...
May 19, 2022 05:35 pm ET
Melcor REIT announces Annual General and Special Meeting Trustee Vote Results
Melcor Real Estate Investment Trust (Melcor REIT - TSX: MR.UN) today announced the results of its annual general and special meeting, held today. A total of 18,147,560 units were voted by proxy, representing 62.39% of the outstanding units as of...
May 10, 2022 06:28 pm ET
Melcor REIT announces Change of Debenture Trustee
NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES. Melcor Real Estate Investment Trust (TSX:MR.UN) (the “REIT”) announced today that effective immediately, Odyssey Trust Company has replaced AST Trust Company as...
May 05, 2022 06:09 pm ET
Melcor REIT announces first quarter 2022 results
Highlights (compared to Q1-2021)  First Quarter Results: Results, excluding Early Termination event1: Revenue was down 3% at $18.97 million.Net operating income (NOI) was down 6% to $11.86 million.Funds from operation (FFO) was down 8% to...
Apr 14, 2022 12:57 pm ET
Melcor REIT announces April 2022 distribution of $0.04 per unit
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 April 2022, unchanged from previous months. The April distributions will be...
Mar 03, 2022 06:25 pm ET
Melcor REIT announces Q4 and 2021 annual results, declares $0.04 distribution for March 2022
Melcor REIT (TSX: MR.UN) today announced results for the fourth quarter and year ended December 31, 2021. Rental revenue was steady at $74.09 million. Adjusted cash flow from operations (ACFO) grew 11% to $20.59 million or $0.71 per unit. ACFO...
Feb 15, 2022 05:23 pm ET
Melcor REIT announces Change of Transfer Agent
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 and...
Feb 15, 2022 05:00 pm ET
Melcor REIT announces February 2022 distribution of $0.04 per unit
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...
Feb 04, 2022 11:48 am ET
Melcor REIT announces new leases comprising over 40,000 sf
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...
Jan 17, 2022 02:32 pm ET
Melcor REIT announces January 2022 distribution of $0.04 per unit; announces Q4-2021 conference call details
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...
Dec 09, 2021 05:00 pm ET
Melcor REIT appoints CEO and announces new Trustee
Melcor Real Estate Investment Trust (“the REIT” - TSX: MR.UN) today announced that Andrew Melton will resume the position of Chief Executive Officer of the REIT effective January 1, 2022. Mr. Melton was previously CEO from 2017 – 2019 and has been...
Nov 02, 2021 05:37 pm ET
Melcor REIT announces third quarter 2021 results
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...
Oct 15, 2021 12:47 pm ET
Melcor REIT announces October, November and December distribution of $0.04 per unit; announces Q3-2021 conference call details
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,...
Aug 19, 2021 05:41 pm ET
Melcor REIT announces retirement of CEO at end of 2021
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...
Jul 27, 2021 05:00 pm ET
Melcor REIT announces second quarter 2021 results, announces 14% increase to August and September distributions
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...
Jul 15, 2021 06:19 pm ET
Melcor REIT announces July distribution of $0.035 per unit; announces Q2-2021 conference call details
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...
May 20, 2021 03:34 pm ET
Melcor REIT announces Annual General Meeting Trustee Vote Results
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...
May 17, 2021 06:40 pm ET
Melcor REIT provides instructions for Annual General Meeting attendees
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...
May 04, 2021 05:00 pm ET
Melcor REIT announces first quarter 2021 results
Highlights Rental revenue was up 1% over Q1-2020 at $19.49 millionNet operating income was up 6% over Q1-2020 at $12.63 millionAdjusted cash flow from operations (ACFO) was up 16% to $5.75 million or $0.20 per unit over Q1-2020Occupancy was...
Apr 15, 2021 05:05 pm ET
Melcor REIT announces April, May and June distribution of $0.035 per unit; announces Q1-2021 conference call details
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 months of April, May and June 2021, unchanged from previous months. The April, May and June...
Mar 30, 2021 08:30 am ET
Melcor REIT Announces Normal Course Issuer Bid
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 and on alternative Canadian...
Mar 04, 2021 05:26 pm ET
Melcor REIT announces Q4 and 2020 annual results
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...
Jan 14, 2021 05:55 pm ET
Melcor REIT announces a 17% increase to Q1-2021 distributions
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...
Dec 08, 2020 05:23 pm ET
Melcor REIT Trustees Held Meeting to Review the Substance of the Press Release Issued by Firm Capital
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. Among other matters, the content and...
Nov 26, 2020 06:27 pm ET
Melcor REIT Trustees Held Meeting to Review the Substance of the Press Release Issued by Firm Capital
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 by FC Private Equity Realty Management Corp. ("Firm...
Nov 23, 2020 06:21 pm ET
Update on Melcor REIT's News Release Issued Today at 11:38 AM MT
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 via email by FC Private Equity Realty...
Nov 23, 2020 01:37 pm ET
Melcor REIT Response to Press Release Issued Today by Firm Capital
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 of Trustees confirms its commitment...
Nov 23, 2020 08:00 am ET
FC Private Equity Realty Management Corp. Discloses Conversations With Melcor REIT Board of Trustees in Order to Unlock Value for Unitholders & Calls for Melcor Developments Ltd. (“MDL”) to Acquire th
FC Private Equity Realty Management Corp. (“Firm Capital”), through affiliated entities is an owner of Melcor Real Estate Investment Trust (“Melcor” or the “REIT”) (TSX : MR.UN) Trust Units and Convertible Debentures. We are issuing the press...
Nov 05, 2020 05:30 pm ET
Melcor REIT announces third quarter 2020 results
Highlights Rental revenue was up 6% over Q3-2019 at $18.44 million; up 6% at $55.83 million year to dateNet operating income was down 8% over Q3-2019 at $10.57 million, and increased 1% at $34.27 million year to dateAdjusted...
Oct 15, 2020 05:00 pm ET
Melcor REIT announces October, November and December distribution of $0.03 per unit
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...
Sep 15, 2020 09:00 am ET
Melcor REIT announces September distribution of $0.03 per unit
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: MonthRecord...
Aug 06, 2020 05:00 pm ET
Melcor REIT announces second quarter 2020 results and declares monthly distribution of $0.03 per trust unit
Melcor REIT (TSX: MR.UN) today announced results for the second quarter ended June 30, 2020. Rental revenue was up 4% compared to the Q2-2019 and up 6% over the prior year. Net operating income increased 3% over Q2-2019 to $11.74 million and by 6%...
Jul 15, 2020 05:00 pm ET
Melcor REIT announces July distribution of $0.03 per unit, July rent collection update
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: MonthRecord DateDistribution...
Jun 25, 2020 03:40 pm ET
Melcor REIT announces Annual General Meeting Trustee Vote Results
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...
Jun 15, 2020 09:15 am ET
Melcor REIT announces June distribution of $0.03 per unit, June rent collection update and Q2-2020 conference call details
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: MonthRecord DateDistribution...
Jun 05, 2020 05:48 pm ET
Melcor REIT terminates Automatic Share Purchase Plan
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...
May 14, 2020 06:46 pm ET
Melcor REIT announces first quarter 2020 results and declares monthly distribution of $0.03 per trust unit
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...
Apr 17, 2020 05:30 pm ET
MELCOR REIT Q1 Earnings Date, April Rent Collection Update & AGM Details
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...
Apr 01, 2020 03:36 pm ET
MELCOR REIT POSTPONES ANNUAL GENERAL MEETING DATE
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...
Mar 30, 2020 11:08 am ET
MELCOR REIT ANNOUNCES NORMAL COURSE ISSUER BID
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 and on alternative Canadian...
Mar 25, 2020 05:12 pm ET
Melcor & the REIT announce measures taken to respond to current economic situation
Melcor Developments Ltd. (TSX: MRD) and Melcor Real Estate Investment Trust (TSX: MR.UN) today announced a number of the measures taken in response to unprecedented economic challenges brought about by the COVID-19 global pandemic and the drastic...
Mar 20, 2020 06:54 pm ET
Melcor REIT announces April distribution of $0.03 per unit to proactively strengthen our balance sheet
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...
Mar 05, 2020 04:38 pm ET
Melcor REIT announces 2019 annual results
Annual Highlights Rental revenue of $71.16 million for growth of 1% over 2018.Net rental income of $42.39 million for growth of 1% over 2018.Adjusted cash flow from operations (ACFO) decreased 3% to $18.61 million or $0.66 per...
Jan 15, 2020 04:00 pm ET
Melcor REIT declares January, February and March distributions, unchanged from previous months; announces Q4-2019 conference call details
Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distributions of $0.05625 per unit for the months of January, February and March 2020, unchanged from previous months. The January,...
Nov 13, 2019 09:00 am ET
Melcor REIT Announces the Closing of $54.8 Million Third Party Property Acquisition, $10.0 Million Private Placement of Class B LP Units to Melcor Developments Inc. and the Redemption of Outstanding $
Melcor Real Estate Investment Trust (TSX:MR.UN) (the "REIT") announced today the closing of the purchase (the “Acquisition”) from an arm’s length third party of a multi-building open retail power centre containing 283,235 square feet of gross...
Oct 31, 2019 05:17 pm ET
Melcor REIT announces third quarter 2019 results
Highlights Rental revenue was up 1% over Q3-2018 at $17.47 million; remained stable at $52.89 million year to dateNet operating income grew 6% over Q3-2018 at $11.46 million; 3% to $33.85 million year to dateAdjusted funds from operations (AFFO)...
Oct 29, 2019 08:18 am ET
IIROC Trade Resumption - MR.DB.B
TORONTO, Oct. 29, 2019 /CNW/ - Trading resumes in:
Oct 29, 2019 08:09 am ET
IIROC Trading Halt - MR.DB.B
TORONTO, Oct. 29, 2019 /CNW/ - The following issues have been halted by IIROC:
Oct 29, 2019 08:00 am ET
Melcor REIT Completes $46 Million Convertible Debenture Public Offering
Melcor Real Estate Investment Trust (TSX:MR.UN) (the “REIT”) announced today the successful issue and sale (the “Offering”) of $46.0 million aggregate principal amount of 5.10% convertible unsecured subordinated debentures (the “Debentures”),...
Oct 15, 2019 04:00 pm ET
Melcor REIT declares October, November and December distributions, unchanged from previous months; announces Q3-2019 conference call details
Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distributions of $0.05625 per unit for the months of October, November and December 2019, unchanged from previous months. The...
Oct 11, 2019 07:56 am ET
IIROC Trade Resumption - MR.UN
TORONTO, Oct. 11, 2019 /CNW/ - Trading resumes in:
Oct 10, 2019 07:19 pm ET
Melcor to purchase up to $15 million worth of Melcor REIT Class B LP Units
Melcor Developments Ltd. (TSX: MRD) today announced that it intends to complete a private placement of between $10 million and $15 million worth of Melcor REIT Limited Partnership (the “Partnership”) Class B LP units. The Partnership is a...
Oct 10, 2019 03:44 pm ET
IIROC Trading Halt - MR.UN
TORONTO, Oct. 10, 2019 /CNW/ - The following issues have been halted by IIROC:
Oct 10, 2019 03:32 pm ET
Melcor REIT Announces $54.8 Million Third-Party Property Acquisition, $40.0 Million Convertible Debentures Offering, up to $15.0 Million Private Placement of Class B LP Units to Melcor Developments an
Melcor Real Estate Investment Trust (TSX:MR.UN) (the "REIT") announced today that it has entered into an agreement to acquire from an arm’s length third party (the “Vendor”) a commercial property (the “Acquisition”) for an aggregate purchase price...
Sep 23, 2019 07:20 pm ET
Darin Rayburn appointed Melcor REIT CEO
Melcor Real Estate Investment Trust (“the REIT” - TSX: MR.UN) today announced that, as part of a planned succession, Andrew Melton will step down from his position of President and Chief Executive Officer effective October 1, 2019. Mr. Melton will...
Jul 30, 2019 04:39 pm ET
Melcor REIT announces second quarter 2019 results
Melcor REIT (TSX: MR.UN) today announced results for the second quarter ended June 30, 2019. Rental revenue was stable compared to the prior year. Net operating income also remained stable at $22.39 million. AFFO was down 5% due to the increase in...
Jul 15, 2019 05:00 pm ET
Melcor REIT declares July, August and September distributions, unchanged from previous months; announces Q2-2019 conference call details
Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distributions of $0.05625 per unit for the months of July, August and September 2019, unchanged from previous months. The July,...
May 02, 2019 04:30 pm ET
Melcor REIT announces first quarter 2019 results
Melcor REIT (TSX: MR.UN) today announced results for the first quarter ended March 31, 2019. Rental revenue was stable compared to the prior year. Net operating income also remained stable at $11.01 million. AFFO was down 6% due to the increase in...
Apr 30, 2019 05:03 pm ET
Melcor REIT announces Annual General Meeting Trustee Vote Results
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 16,326,278 units were voted in person or by proxy, representing 58.13% of the outstanding units...
Apr 25, 2019 09:00 am ET
Melcor REIT acquires retail building for $12.45 million
Melcor Real Estate Investment Trust (Melcor REIT – TSX: MR.UN) today announced that it has acquired a retail property with warehouse space in Calgary, Alberta for $12.45 million (excluding closing costs). Andrew Melton, President and Chief...
Apr 15, 2019 05:00 pm ET
Melcor REIT declares April, May and June distributions; announces Q1-2019 conference call details
Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distributions of $0.05625 per unit for the months of April, May and June 2019. The April, May and June distributions will be payable...
Mar 28, 2019 12:07 pm ET
Melcor REIT Announces Normal Course Issuer Bid
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 and on alternative Canadian...
Mar 07, 2019 07:49 pm ET
Melcor REIT announces 2018 annual results
Annual Highlights Rental Revenue of $70.17 million for growth of 5% over 2017.Net rental income of $42.08 million for growth of 5% over 2017.Adjusted funds from operations (AFFO) decreased 5% to $19.15 million or $0.68 per unit.Debt to Gross...
Jan 15, 2019 07:07 pm ET
Melcor REIT declares January, February and March distributions; announces Q4-2018 conference call details
Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distributions of $0.05625 per unit for the months of January, February and March 2019. The January, February and March distributions...
Dec 03, 2018 04:20 pm ET
Melcor REIT acquires an office building in Lethbridge, AB
Melcor Real Estate Investment Trust (Melcor REIT - TSX: MR.UN) today announced that it has acquired an office building in Lethbridge, Alberta for $6.25 million (excluding closing costs). Andrew Melton, President and Chief Executive Officer of...
Oct 31, 2018 05:13 pm ET
Melcor REIT announces third quarter 2018 results
Highlights Rental Revenue grew 3% to $17.28 million over Q3-2017; $52.84 million year to dateNet operating income grew 3% to $10.85 million over Q3-2017; 3% to $32.98 million year to dateAdjusted funds from operations (AFFO) declined 13%...
Oct 15, 2018 05:42 pm ET
Melcor REIT declares October, November and December distributions; announces Q3-2018 conference call details
Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distributions of $0.05625 per unit for the months of October, November and December 2018. The October, November and December...
Jul 31, 2018 05:40 pm ET
Melcor REIT announces second quarter 2018 results
Melcor REIT (TSX: MR.UN) today announced results for the second quarter ended June 30, 2018. Rental revenue grew 6% in both the quarter and the year to date period due to portfolio growth related to the Melcor Acquisition of 172,629 sf in Q1-2018....
Jul 16, 2018 04:30 pm ET
Melcor REIT declares July, August and September distributions; announces Q2-2018 conference call details
Melcor Real Estate Investment Trust (TSX:MR.UN) today announced that the Trustees of the REIT have declared cash distributions of $0.05625 per unit for the months of July, August and September 2018. The July, August and September distributions...
May 10, 2018 05:28 pm ET
Melcor REIT announces Annual General Meeting Trustee Vote Results
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 16,308,365 units were voted in person or by proxy, representing 58.07% of the outstanding units as...
May 03, 2018 06:37 pm ET
Melcor REIT announces first quarter 2018 results
Melcor REIT (TSX:MR.UN) today announced results for the first quarter ended March 31, 2018. Rental revenue grew 6% over the prior year as a result of portfolio growth over the same period. Net operating income also grew by 3% to $11.08 million....
Apr 16, 2018 05:30 pm ET
Melcor REIT declares April, May and June distributions; announces Q1-2018 conference call details
EDMONTON, Alberta, April 16, 2018 (GLOBE NEWSWIRE) -- Melcor Real Estate Investment Trust (TSX:MR.UN) today announced that the Trustees of the REIT have declared cash distributions of $0.05625 per unit for the months of April, May and June...
Mar 01, 2018 07:40 pm ET
Melcor REIT announces 2017 annual results
EDMONTON, Alberta, March 01, 2018 (GLOBE NEWSWIRE) --
Jan 15, 2018 06:34 pm ET
Melcor REIT declares January, February and March distributions; announces Q4-2017 conference call details
Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distributions of $0.05625 per unit for the months of January, February and March 2018.The January, February and March distributions...
Jan 12, 2018 08:00 am ET
Melcor REIT Announces the Closing of $80.875 Million of Property Acquisitions
NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES.Melcor Real Estate Investment Trust (TSX: MR.UN) (the "REIT") announced today the closing of the purchase (the "Melcor Acquisition") of five commercial properties (the...
Jan 10, 2018 04:30 pm ET
Melcor REIT Announces Unitholder Approval of $80.875 Million of Property Acquisitions
NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES.Melcor Real Estate Investment Trust (TSX: MR.UN) (the "REIT") announced today that unitholders approved, in accordance with the requirements of Multilateral Instrument...
Dec 21, 2017 08:27 am ET
IIROC Trade Resumption - Melcor Real Estate Investment Trust (the "REIT")
Toronto, Ontario--(Newsfile Corp. - December 21, 2017) - Trading resumes in:
Dec 21, 2017 08:15 am ET
Melcor REIT Completes $17 Million Subscription Receipt and $23 Million Extendible Convertible Debenture Public Offering
NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES. Melcor Real Estate Investment Trust (TSX: MR.UN) (the "REIT") announced today the successful issue and sale (the "Offering") of 2,035,500 subscription receipts (the...
Dec 21, 2017 08:08 am ET
IIROC Trade Halt - Melcor Real Estate Investment Trust
Toronto, Ontario--(Newsfile Corp. - December 21, 2017) - The following issues have been halted by IIROC:
Dec 05, 2017 08:05 am ET
IIROC Trade Resumption - Melcor Real Estate Investment Trust
Toronto, Ontario--(Newsfile Corp. - December 5, 2017) - Trading resumes in:
Dec 04, 2017 03:43 pm ET
Melcor REIT Announces $80.875 million of Property Acquisitions From Melcor Developments Ltd., $15 million Subscription Receipt Offering and $20 million Extendible Convertible Debenture Offering
NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES Melcor Real Estate Investment Trust (TSX:MR.UN) (the "REIT") announced today that it has agreed to acquire (the "Melcor Acquisition") a portfolio of five...
Dec 04, 2017 03:22 pm ET
IIROC Trade Halt - Melcor Real Estate Investment Trust
Toronto, Ontario--(Newsfile Corp. - December 4, 2017) - The following issues have been halted by IIROC:
Nov 01, 2017 04:40 pm ET
Melcor REIT announces third quarter 2017 results
Melcor REIT (TSX: MR.UN) Highlights Overall portfolio performance remained steady in Q3-2017 and year to date Rental Revenue of $16.79 million in Q3-2017; $50.35 million year to date Net operating income of $10.56 million in Q2-2017; $31.86 million...
Oct 13, 2017 04:30 pm ET
Melcor REIT declares October, November and December distributions; announces Q3-2017 conference call details
Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distributions of $0.05625 per unit for the months of October, November and December 2017. The October, November and December...
Aug 02, 2017 05:49 pm ET
Melcor REIT announces second quarter 2017 results
Highlights Overall portfolio performance remained steady in Q2-2017 and year to date Rental Revenue of $16.56 million in Q2-2017; $33.56 million year to date Net operating income of $10.57 million in Q2-2017; $21.31 million year to date Adjusted...
Jul 17, 2017 04:30 pm ET
Melcor REIT declares July, August and September distributions; announces Q2-2017 conference call details
Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distributions of $0.05625 per unit for the months of July, August and September 2017.The July, August and September distributions will...
May 04, 2017 07:05 pm ET
Melcor REIT announces first quarter 2017 results
Highlights Portfolio performance remained steady in Q1-2017 Rental Revenue of $17.00 million for growth of 2% over Q1-2016 Net operating income of $10.74 million for growth of 1% over Q1-2016 Adjusted funds from operations (AFFO) grew 6% to $5.81...
May 03, 2017 01:26 pm ET
Melcor REIT sells industrial warehouse asset in Lethbridge, AB
HighlightsIndustrial warehouse located in Lethbridge, Alberta with total gross leasable area of 67,610 sf on 2.89 acresSold for $8.0 million ($118.32/sf). The property was purchased for $5.9 million ($87.27/sf) in January 2014. Melcor Real Estate...
Apr 26, 2017 07:36 pm ET
Melcor REIT announces 2017 AGM Trustee voting results
Melcor REIT (TSX: MR.UN) today announced the results of its annual general meeting (AGM), held on April 26, 2017. A total of 15,786,300 units were voted in person or by proxy, representing 61.27% of the outstanding units as of the record date....
Apr 17, 2017 05:59 pm ET
Melcor REIT declares April, May and June distributions; announces Q1- 2017 conference call details
Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distributions of $0.05625 per unit for the months of April, May and June 2017. The April, May and June distributions will be payable as...
Mar 17, 2017 07:00 am ET
Melcor REIT announces executive and trustee changes
Melcor REIT's (TSX: MR.UN) Board of Trustees today announced that pursuant to the terms of the Asset Management Agreement with Melcor Developments Ltd. (Melcor), Andrew Melton will be appointed President & Chief Executive Officer of Melcor REIT...
Mar 09, 2017 07:24 pm ET
Melcor REIT announces 2016 annual results
Annual Highlights Rental Revenue of $66.04 million for growth of 1% over 2015. Net rental income of $40.27 million for growth of 1% over 2015. Adjusted funds from operations (AFFO) grew 3% to $22.28 million or $0.86 per unit. Debt to Gross Book...
Feb 08, 2017 05:30 pm ET
Melcor REIT announces date of Q4 2016 financial results & conference call
Melcor Real Estate Investment Trust (Melcor REIT) (TSX: MR.UN) will be releasing its financial results for the fourth quarter of 2016 on Friday, March 10 before market opens. Management will host a conference call at 11:00 am ET (9:00 am MT) on...
Jan 16, 2017 02:07 pm ET
Melcor REIT declares January, February and March distributions
Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distributions of $0.05625 per unit for the months of January, February and March 2017. The January, February and March distributions...
Nov 04, 2016 07:00 am ET
Melcor REIT announces third quarter 2016 results
Melcor REIT (TSX: MR.UN) HighlightsPortfolio performance remained steady in Q3-2016Rental Revenue grew 3% to $16.44 millionAdjusted funds from operations (AFFO) grew 4% to $5.76 million or $0.22 per unitDebt to Gross Book Value (GBV) ratio was 56%,...
Oct 14, 2016 04:26 pm ET
Melcor REIT Declares October, November and December Distributions; Announces Q3-2016 Conference Call Details
Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distributions of $0.05625 per unit for the months of October, November and December 2016. The October, November and December...
Aug 10, 2016 08:18 pm ET
Melcor REIT Announces Appointment of Chief Financial Officer
Melcor Real Estate Investment Trust (TSX: MR.UN) is pleased to announce that Naomi Stefura, the newly appointed Chief Financial Officer of Melcor Developments Ltd., has been appointed as Chief Financial Officer of the REIT effective August 11, 2016...
Aug 05, 2016 07:30 am ET
Melcor REIT Announces Second Quarter 2016 Results
Highlights Portfolio performance remained steady in Q2-2016. Rental Revenue of $16.81 million for growth of 3% over Q2-2015. Adjusted funds from operations (AFFO) grew 3% to $5.75 million or $0.22 per unit. Debt to Gross Book Value (GBV) ratio of...
Jul 15, 2016 04:00 pm ET
Melcor REIT Declares July, August and September Distributions; Announces Q2-2016 Conference Call Details
Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distributions of $0.05625 per unit for the months of July, August and September 2016. The July, August and September distributions will...
Jun 23, 2016 06:00 pm ET
Melcor REIT Announces Resignation of Chief Financial Officer
Melcor Real Estate Investment Trust (TSX: MR.UN) (the "REIT") announced today announced today that its Chief Financial Officer, Jonathan Chia, has resigned effective August 25, 2016. Mr. Chia has accepted an executive position with a private...
May 06, 2016 07:00 am ET
Melcor REIT Announces First Quarter 2016 Results
Highlights Portfolio performance remained steady in Q1-2016 Rental Revenue of $16.63 million for growth of 2% over Q1-2015 Adjusted funds from operations (AFFO) grew 6% to $5.48 million or $0.21 per unit. Debt to Gross...
Apr 28, 2016 12:27 pm ET
Melcor REIT Announces 2016 AGM Trustee Voting Results; Q1-2016 Conference Call Details
Melcor REIT (TSX: MR.UN) today announced the results of its annual general meeting (AGM), held on April 27, 2016. A total of 15,288,363 units were voted in person or by proxy, representing 59.3% of the outstanding units as of the record date....
Apr 15, 2016 01:04 pm ET
Melcor REIT Declares April, May and June Distributions
Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distributions of $0.05625 per unit for the months of April, May and June 2016. The April, May and June distributions will be payable as...
Mar 11, 2016 07:41 am ET
Melcor REIT Announces 2015 Annual Results
Annual Highlights Rental Revenue of $65.48 million for growth of 47% over 2014. Net rental income of $39.87 million for growth of 50% over 2014. Adjusted funds from operations (AFFO) grew 39% to $21.73 million or $0.84 per...
Feb 10, 2016 06:22 pm ET
Melcor REIT Announces Date of Q4 2015 Financial Results & Conference Call
Melcor Real Estate Investment Trust (Melcor REIT) (TSX: MR.UN) will be releasing its financial results for the fourth quarter of 2015 on Friday, March 11 before market opens. Management will host a conference call at 11:00 am ET (9:00 am MT) on...
Jan 15, 2016 01:14 pm ET
Melcor REIT Declares January, February and March Distributions
Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distributions of $0.05625 per unit for the months of January, February and March 2016.The October, November and December distributions...