The REIT’s portfolio consists of 33 properties located in Alberta, Saskatchewan and Manitoba. As a real estate investment trust, the REIT has a focus on creating long-term unitholder value through growing distributions, capital appreciation and property development. The REIT is committed to providing access to quality real estate investments that offer current income potential and long-term growth.
Melcor REIT has a history of delivering stable results and a monthly distribution to unitholders. In 2020, the REIT’s funds from operations were $30 million, up 18 percent compared to 2019. With 97 years of experience in real estate development and asset management, Melcor Developments’ legacy is a solid foundation for Melcor REIT. With financial stability, the proven ability to adapt to changing economic and market landscapes, and its dedication to developing high quality investment properties and residential communities, Melcor Developments is an industry leader. As such, Melcor REIT continues to provide investors with access to attractive cash flow yields and potential capital gains.
Investing in Melcor REIT gives investors exposure to the Canadian real estate sector without needing to own a physical property. With its long-term track record of success, Melcor REIT is an attractive option for investors looking for reliable income and capital appreciation opportunities. The trust offers steady returns that could be complemented with other investments to diversify an investor’s portfolio.
With an experienced management team and strong corporate governance, Melcor REIT is well-positioned to continue providing stable returns in the coming years.