1、An investmentdesignedto endure.ANNUAL REPORT 2021We own,acquire,manage and lease quality retail,office and industrial income-generating properties.A LOOK BACK ON 2021FACTS&DATA20232022Northern ABSouthern ABBC&SK202420252026thereaftervacant space39$74.1M$735.7M63%WEIGHTED AVERAGE LEASE TERM REMAINING
2、(YEARS)ASSETSREVENUEASSET FAIR VALUEACFO PAYOUT RATIO1GROSS LEASABLE AREA EXPIRING(%)26124810-Environmental Commitment,Social Responsibility&GovernanceMessage from the ChairMessage from the CEOProperties MapCorporate GovernanceKey MetricsCorporate&Shareholder Information(Back Cover)WHATS INSIDEBacke
3、d by Melcor Developments 99 year history,Melcor REIT was borne out 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.
4、Subsequent to the initial acquisition,we have vended-in over 1 million sf from Melcor,and there is a further 4.6 million sf in current and future projects to be built over the next 5 to 15 years.Melcor REIT is an unincorporated,open-ended real estate investment trust.We own,acquire,manage and lease
5、quality retail,office and industrial income generating properties.Our portfolio is currently made up of interests in 39 properties representing approximately 3.22 million square feet of gross leasable area located in and around Edmonton,Calgary,Lethbridge,Grande Prairie and Red Deer,Alberta;Regina,S
6、askatchewan;and Kelowna,British Columbia.10%3.774.133.6111%14%10%13%24%18%1.Non-GAAP financial ratio.Refer to the Non-GAAP and Non-Standard Measures section on page 27 of the annual MD&A for further information.RENT BY TENANT INDUSTRYKEY METRICSGLA BY PROPERTY TYPERENT BY TENANT INDUSTRYRENT BY TENA