1、ANNUAL REPORT20182 0 1 8M E L C O R R E I T 2 0 1 8 A N N U A L R E P O R T10+9+8+10+19+341098101934Office 56%Retail 37%Industrial 7%GLA BYPROPERTY TYPENorthern Alberta 58%Southern Alberta 29%BC&SK 13%GLA BYREGIONLocal 39%Regional 20%National 41%GLA BYTENANT PROFILEFinance 9%Government 7%Hospitality
2、 7%Industrial 5%Medical 7%Oil&Gas 4%Other 8%Professional 22%Retail 31%GLA BYTENANT INDUSTRY2 0 1 8Melcor REIT is an unincorporated,open-ended real estate investment trust.We own,acquire,manage and lease quality retail,office and industrial income-generating properties.Our portfolio is currently made
3、 up of interests in 37 properties representing approximately 2.87 million square feet of gross leasable area located in and around Edmonton,Calgary,Lethbridge and Red Deer,Alberta;Regina,Saskatchewan;and Kelowna,British Columbia.Backed by Melcor Developments 95 year history,Melcor REIT was borne out
4、 of a proud tradition of real estate excellence in western Canada.Our growth potential is a true competitive advantage,with the right to acquire Melcors pipeline of newly constructed,high quality retail,industrial and office projects.Subsequent to the initial acquisition,we have vended-in over 1 mil
5、lion sf from Melcor,and there is a further 6.5 million sf in current and future projects to be built over the next 5 to 15 years.FACTS&DATA37ASSETS$709.6MASSET FAIR VALUE$70.2MREVENUE99%PAYOUT RATIOWEIGHTED AVERAGE LEASE TERM REMAINING(YEARS)GROSS LEASABLE AREA EXPIRING(%)Northern AB4.64Southern AB5
6、.17BC&SK3.6420192020202120222023Thereafter56+37+7+A 58+29+13+A39+20+41+A 9+7+7+5+7+4+8+22+31+AOur goal is to provide stable monthly cash distributions to unitholdersby acquiring high quality properties and diversifying our portfolio.2.87MOWNEDSQUARE FEETBRITISHCOLUMBIAALBERTAKelownaLethbridgeChester