Oct 10 (Reuters) - Melcor Real Estate Investment Trust MR_u.TO :
* MELCOR REIT ANNOUNCES $54.8 MILLION THIRD-PARTY PROPERTY ACQUISITION, $40.0 MILLION CONVERTIBLE DEBENTURES OFFERING, UP TO $15.0 MILLION PRIVATE PLACEMENT OF CLASS B LP UNITS TO MELCOR DEVELOPMENTS AND INTENTION TO REDEEM OUTSTANDING $34.5 MILLION CONVERT
* MELCOR REAL ESTATE INVESTMENT - ENTERED AGREEMENT TO BUY FROM ARM'S LENGTH THIRD PARTY COMMERCIAL PROPERTY FOR ABOUT $54.8 MILLION