October 15, 2018 17:42 EST

EDMONTON, Alberta, Oct. 15, 2018 (GLOBE NEWSWIRE) —

Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distributions of $0.05625 per unit for the months of October, November and December 2018.

The October, November and December distributions will be payable as follows:

Month Record Date Distribution Date Distribution Amount
 October 2018  October 31, 2018  November 15, 2018 $0.05625 per unit
 November 2018  November 30, 2018  December 17, 2018 $0.05625 per unit
 December 2018  December 31, 2018  January 15, 2019 $0.05625 per unit

Melcor REIT also announced that results for Q3-2018 will be released on Wednesday, October 31, 2018 after market close. Management will host a conference call at 11:00 am ET (9:00 am MT) on Thursday, November 1, 2018.

Q3 Conference Call

Toronto area: 416-340-2218
Toll free: 1-800-478-9326

Webcast & Replay

The call will also be webcast (listen only) at http://www.gowebcasting.com/9672. 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 36 properties representing approximately 2.83 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.

Contact Information:

Investor Relations
Tel: 1.855.673.6931
ir@melcorREIT.ca

Information note:

Please note that the numerical information stated in press releases are outlined as-at the date of the press release.

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