Melcor REIT is issuing a special non-cash distribution of $0.36 per outstanding trust unit.

From GlobeNewswire: 2024-12-20 17:30:00

Melcor Real Estate Investment Trust declared a special non-cash distribution of $0.36 per outstanding trust unit to be paid to unitholders of record on December 31, 2024. The distribution is equal to the estimated taxable income and capital gains for the 2024 tax year. The payment will be made through the issuance of additional trust units based on the market price on December 31, 2024. Unitholders are advised to consult tax advisers for the income tax consequences. Melcor REIT owns and manages retail, office, and industrial properties in western Canadian markets, with a portfolio of 35 properties totaling approximately 3.04 million square feet.



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