Melcor REIT announces February 2022 distribution of $0.04 per unit
15 Février 2022 - 11:00PM
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 payable as follows:
Month |
Record Date |
Distribution Date |
Distribution Amount |
February 2022 |
February 28, 2022 |
March 15, 2022 |
$0.04 per unit |
Melcor REIT results for the fourth quarter and year ended
December 31, 2021 will be released on March 3, 2022 after market
close. Management will host a conference call at 11:00 am ET (9:00
am MT) on Friday, March 4, 2022.
Q4 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/11711. 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 39 properties representing approximately 3.2 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.
Contact Information:
Investor Relations
Nicole Forsythe
Director, Corporate Communications
Tel: 1.855.673.6931
ir@melcorREIT.ca
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