Edmonton, Alberta | October 15, 2019

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 2019, unchanged from previous months.

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

Month Record Date Distribution Date Distribution Amount
October 2019 October 31, 2019 November 15, 2019 $0.05625 per unit
November 2019 November 29, 2019 December 16, 2019 $0.05625 per unit
December 2019 December 31, 2019 January 15, 2020 $0.05625 per unit

Melcor REIT also announced that results for Q3-2019 will be released on Thursday, October 31, 2019 after market close. Management will host a conference call at 11:00 am ET (9:00 am MT) on Friday, November 1, 2019.

Q3 Conference Call

Toronto area: 416-340-2216

Toll free: 1-800-377-0758

Webcast & Replay

The call will also be webcast (listen only) at www.gowebcasting.com/10256. 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 38 properties representing approximately 2.93 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
Nicole Forsythe
Director, Corporate Communications
Tel: 1.855.673.6931