MR.UN Melcor Real Estate Investment Trust

Melcor REIT Announces January, February and March 2014 Monthly Distributions

EDMONTON, ALBERTA--(Marketwired - Jan 16, 2014) - Melcor Real Estate Investment Trust ("Melcor REIT") (TSX:MR.UN) announced today that the Trustees of Melcor REIT have declared cash distributions of $0.05625 per unit for the months of January, February, and March 2014. The distributions will be payable as follows:

Month	Record Date	Distribution Date	Distribution Amount
January 2014	January 31, 2014	February 17, 2014	$0.05625 per unit
February 2014	February 28, 2014	March 17, 2014	$0.05625 per unit
March 2014	March 31, 2014	April 15, 2014	$0.05625 per unit

About Melcor Real Estate Investment Trust

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 with exposure to high growth western Canadian markets. Its portfolio is currently made up of interests in 30 properties representing approximately 1.76 million square feet of gross leasable area located in and around Edmonton, Calgary, Lethbridge, and Red Deer, Alberta; Regina, Saskatchewan; and Kelowna, British Columbia. For more information, please visit www.MelcorREIT.ca.

Melcor Real Estate Investment Trust - Business Contact:Darin RayburnChief Executive Officer780-423-6931info@melcorREIT.caMelcor Real Estate Investment Trust - Investor Relations:Jonathan Chia, CAChief Financial Officer780-423-6931ir@melcorREIT.cawww.MelcorREIT.ca