Melcor REIT announces November distribution of $0.04 per unit
15 Novembre 2023 - 11:30PM
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 payable as follows:
Month |
Record Date |
Distribution Date |
Distribution Amount |
November 2023 |
November 30, 2023 |
December 15, 2023 |
$0.04 per unit |
About Melcor REITMelcor 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 InformationThis 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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