Melcor Real Estate Investment Trust (TSX:MR.UN)
C$ 4.85 -0.05 (-1.02%) Market Cap: 62.87 Mil Enterprise Value: 511.05 Mil PE Ratio: 0 PB Ratio: 0.29 GF Score: 76/100

Q2 2019 Melcor Real Estate Investment Trust Earnings Call Transcript

Jul 31, 2019 / 03:00PM GMT
Release Date Price: C$7.7 (+0.52%)
Operator

Good morning, ladies and gentlemen. Welcome to the Melcor REIT Q2 Conference Call. I would now like to turn the meeting over to Mr. Andrew Melton, President and Chief Executive Officer of Melcor REIT. Please go ahead, Mr. Melton.

Andrew John Melton
Melcor Real Estate Investment Trust - President, CEO & Trustee

Thank you very much. Good morning, everybody. Thank you for joining our conference call and webcast. As always, our goal is to keep our opening comments brief so that we can give you a good time for any questions that you might have.

With me on today's call is Naomi Stefura, who will run through our financial highlights for the quarter; and Brandon Park, who will provide a brief review of operations in the quarter.

We are pleased to report on another stable quarter. We again maintained steady occupancy and growth in average rental rates in spite of continued challenges in some of our markets. We remain committed to being the landlord of choice by providing an exceptional service experience and well-maintained commercial space for

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