Melcor REIT announces September distribution of $0.04 per unit
16 September 2023 - 7:58AM
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 payable as follows:
Month |
Record Date |
Distribution Date |
Distribution Amount |
September 2023 |
September 29, 2023 |
October 13, 2023 |
$0.04 per unit |
Melcor REIT results for the third quarter and period ended
September 30, 2023 are scheduled to be released on November 2,
2023. Management will host a conference call at 11:00 am ET (9:00
am MT) on November 3, 2023.
Q3-2023 Conference Call
Toronto & Area: 1-416-915-3239Toll
Free: 1-800-319-4610
Webcast & Replay
The call will also be webcast (listen only) at
https://www.gowebcasting.com/12678. A replay of the call will be
available at the same URL shortly after the call is concluded.
About Melcor REIT
Melcor REIT is an unincorporated, open-ended real estate
investment trust. Melcor REIT owns, acquires, manages and leases
quality retail, office and industrial income-generating properties
in western Canada. Its portfolio is currently made up of interests
in 38 properties representing approximately 3.1 million square feet
of gross leasable area located across Alberta and in Regina,
Saskatchewan and Kelowna, British Columbia. For more information,
please visit www.melcorREIT.ca.
Forward-Looking Information
This press release may contain forward-looking information
within the meaning of applicable securities legislation, which
reflects the REIT's current expectations regarding future events.
Forward-looking information is based on a number of assumptions and
is subject to a number of risks and uncertainties, many of which
are beyond the REIT's control, that could cause actual results and
events to differ materially from those that are disclosed in or
implied by such forward-looking information. Such risks and
uncertainties include, but are not limited to, general and local
economic and business conditions; the financial condition of
tenants; the REIT’s ability to refinance maturing debt; leasing
risks, including those associated with the ability to lease vacant
space; and interest rate fluctuations. The REIT’s objectives and
forward-looking statements are based on certain assumptions,
including that the general economy remains stable, interest rates
remain stable, conditions within the real estate market remain
consistent, competition for acquisitions remains consistent with
the current climate and that the capital markets continue to
provide ready access to equity and/or debt. All forward-looking
information in this press release speaks as of the date of this
press release. The REIT does not undertake to update any such
forward-looking information whether as a result of new information,
future events or otherwise. Additional information about these
assumptions and risks and uncertainties is contained in the REIT’s
filings with securities regulators. All forward‐looking information
in this press release speaks as of the date of this press release.
The REIT does not undertake to update any such forward‐looking
information whether as a result of new information, future events
or otherwise. Additional information about these assumptions and
risks and uncertainties is contained in the REIT’s filings with
securities regulators.
Contact Information:
Investor Relations
Tel: 1.855.673.6931
ir@melcorREIT.ca
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