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Melcor REIT Announces Commencement of Strategic Review Process and Suspension of Distribution

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.

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