General Questions

Are Melcor REIT and Melcor Developments the same company?

Melcor Developments Ltd. (TSX:MRD) has been in the business of real estate since 1923. In 2013, we spun off Melcor REIT to acquire and grow our commercial property portfolio. The Melcor REIT Initial Public Offering (IPO) took place on May 1, 2013 at $10/unit. Melcor retains controlling ownership and as such, Melcor REIT results are rolled up into Melcor’s financial results.

The REIT has no employees, so the day to day operations are managed by Melcor Developments through asset and property management agreements.

How do I become a vendor?

Because we take great pride in what we build and own, we work with exceptional contractors who share our passion for quality and customer service.

We currently have contracts in place for services at all of our properties and are not accepting unsolicited introductions. Thank you for your interest in working with us.

Investor Questions

Will the REIT maintain distributions at the current rate?

We believe that internally generated cash flows, supplemented by borrowings through our revolving credit facility and mortgage financings, where required, will be sufficient to cover our normal operating, debt service, distribution and capital expenditure requirements. We regularly review our credit facility limits and manage our capital requirements accordingly.

How can I purchase Melcor REIT units and debentures?
  • Melcor REIT’s units trade on the Toronto Stock Exchange under the following trading symbols:
    • Units: MR.UN
    • 5.1% Convertible Debenture: MR.DB.B
  • You may purchase units and debentures through your stockbroker or online trading account.
When do distributions get paid?

Distributions are paid monthly on the 15th or the nearest business day if the 15th is a weekend or holiday. For more information, please see our Distributions page.

How can I get updated on press releases? Is there a way to receive notifications?
  • You can sign up to receive our email alerts here. We promise only to send you information that we deem to be of interest to investors.
  • If you would like to sign up to receive our monthly lease opportunity report, please click here.
  • To subscribe to our RSS feed, information can be found here.
Does the REIT have a distribution reinvestment program?

We do not presently have plans for a distribution reinvestment program.

When did Melcor REIT go public?

May 1, 2013 at $10/unit.

Who is the REITs transfer agent?

Odyssey Trust Company
Trader’s Bank Building
702 67 Yonge St
Toronto, ON M5E 1J8
CANADA

Phone: 1-888-290-1175

Online: www.odysseycontact.com

What analysts cover you?

See our Analysts page for current information.

What portion of the dividend is classified as Return of Capital (ROC)?

Return of Capital varies by year. Please see our Distributions page for a complete listing of ROC.

I would like to attend the REIT annual general meeting, what do I need to do?

Please visit our events page for meeting dates and conference call/webcast information.

For Tenants and Potential Tenants

Do you have space available for lease?
  • You will find currently available space on the Melcor website by clicking here.
  • If you would like to receive our monthly Leasing Opportunities report, you may sign up for it here.
I'm a tenant, and I have a question. Who do I contact?
  • For building support and maintenance issues, contact our Customer Care team. We’re proud of our track record of responding to service requests within 30 minutes over 95% of the time.
  • Otherwise, contact your designated property manager.