Melcor REIT Announces January 2022 Distribution of $0.04 per Unit; Announces Conference Call Details for Fourth Quarter 2021 – Archyde

content of the article

EDMONTON, Alberta, Jan. 17, 2022 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the REIT’s trustees announced unchanged cash distributions of $0.04 per share for the month of January 2022 have declared from the past few months.

The January distribution is payable as follows:

month recording date distribution date payout amount
January 2022 January 31, 2022 February 15, 2022 $0.04 per unit

Melcor REIT also announced that it will release results for the fourth quarter and year ended December 31, 2021 on March 3, 2022 after market close. Management will host a conference call on Friday, March 4, 2022 at 11:00 am ET (9:00 am MT).

content of the article

Q4 conference call

Toronto area: 1-416-915-3239
Toll-free: 1-800-319-4610

Webcast & Replay

The conference call will also be webcast (listen only). https://www.gowebcasting.com/11711 . A recording of the call will be available at the same URL shortly after the call is complete.

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 commercial properties in western Canada. Its portfolio currently consists of interests in 39 properties with approximately 3.2 million square feet of gross leasable area throughout Alberta, as well as in Regina, Saskatchewan and Kelowna, British Columbia. For more information, please visit www.melcorREIT.ca .

content of the article

Forward-Looking Information

This press release may contain forward-looking information within the meaning of applicable securities laws, 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, which could cause actual results and events to differ materially from those disclosed or implied in such forward-looking information . These 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 related to 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 will remain stable, interest rates will remain stable, real estate market conditions will remain constant, competition for acquisitions will reflect the current climate and capital markets will continue to have easy access to equity and/or provide debt capital. All forward-looking information contained in this press release is made as of the date of this press release. The REIT undertakes no obligation 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 included in the REIT’s filings with securities regulators.

Contact Information: Investor Relations Nicole Forsythe Director, Corporate Communications Tel: 1.855.673.6931 [email protected] 

Primary logo

Reference-www.nach-welt.com

Leave a Reply

Your email address will not be published.