Melcor Real Estate Investment Trust (MR) 2019年年度报告「TSX」.pdf

1、Melcor 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 up of interests in 39 properties representing approximately 3.21 million square feet of gross lea

2、sable area located in and around Edmonton,Calgary,Lethbridge,Grande Prairie and Red Deer,Alberta;Regina,Saskatchewan;and Kelowna,British Columbia.Backed by Melcor Developments 96 year history,Melcor REIT was borne out of a proud tradition of real estate excellence in western Canada.Our growth potent

3、ial 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 in 2013,we have vended-in over 1 million sf from Melcor,and there is a further 5.5 million sf in current and fu

4、ture projects to be built over the next 5 to 15 years.Northern Alberta-61%Southern Alberta-28%BC&SK-11%GLA BYREGIONLocal-36%National-46%Regional-18%RENT BYTENANT PROFILEFinance-9%Government-6%Hospitality-15%Industrial-5%Medical-7%Oil&Gas-2%Other-6%Professional-18%Residential-2%Retail-30%RENT BYTENAN

5、T INDUSTRYOffice-50%Retail-44%Industrial-6%GLA BYPROPERTY TYPE39ASSETS$783.5MASSET FAIR VALUE$71.2MREVENUE102%ACFO PAYOUT RATIOGLA EXPIRING(%)WEIGHTED AVERAGE LEASE TERM REMAINING(YEARS)10%9%11%12%19%11%27%Northern AB4.19Southern AB5.07BC&SK3.4520202021202220232024thereaftervacant spaceFACTS&DATA1Me

6、ssage from the ChairMessage from the Chief Executive OfficerProperty InformationEnvironmental,Social Responsibility&GovernanceCorporate Information237 89WHATS INSIDEMESSAGE FROM THE CHAIRMelcor REIT had a successful year given the challenging economic times in the regions where the REIT owns and man