Melcor Real Estate Investment Trust (TSX:MR.UN)
C$ 5.32 0.02 (0.38%) Market Cap: 68.96 Mil Enterprise Value: 544.52 Mil PE Ratio: 0 PB Ratio: 0.39 GF Score: 75/100
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Q2 2021 Melcor Real Estate Investment Trust Earnings Call Transcript

Jul 28, 2021 / 03:00PM GMT
Release Date Price: C$6.91 (+1.62%)
Operator

Welcome to the Melcor REIT Second Quarter 2021 Results Conference Call. (Operator Instructions) The conference is being recorded. (Operator Instructions) I would like to now turn the conference over to Mr. Darin Rayburn, President and CEO. Go ahead, please.

Darin Anthony Rayburn
Melcor Real Estate Investment Trust - Former President & CEO

Thank you, Michelle. Good morning, everyone, and welcome. With me on today's call is Naomi Stefura, Chief Financial Officer for the Melcor REIT. The story over the past 16 months has been the global COVID pandemic and how it would impact our business. While COVID-19 is by no means over, we are pleased to see the vaccination rates continuing to rise. This is our first conference call in over a year where businesses are functioning at full capacity. While we're optimistic going forward, during Q2 restrictions, they were still in place and we are in our third wave of COVID-19 virus.

Today, optimism is abound. However, we remain cautious with the timing of our full recovery. We still have a ways to go yet. Optimism

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