Provided By GlobeNewswire
Last update: Feb 22, 2024
EDMONTON, Alberta, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Melcor Real Estate Investment Trust ("Melcor REIT" or the "REIT") (TSX: MR.UN) today announces steps to strengthen its financial position and maximize unitholder value, including commencement of a strategic review process and a suspension of its monthly distribution.