Morguard Corp T.MRC

Alternate Symbol(s): MRCBF

Morguard Corporation is a Canada-based real estate company. The Company’s principal activities include property ownership, development and investment advisory services. Property ownership encompasses interests in multi-suite residential, commercial and hotel properties located in Canada and the United States. The Company owns a diversified portfolio of 178 multi-suite residential, retail, office, industrial and hotel properties comprised of 17,566 residential suites, approximately 17.1 million square feet of commercial leasable space. The Company also owns a 65.0% interest in Morguard Real Estate Investment Trust and a 45.3% effective interest in Morguard North American Residential Real Estate Investment Trust. It also provides advisory and management services to institutional and other investors. The Company's subsidiaries include Morguard Real Estate Investment Trust and Morguard North American Residential Real Estate Investment Trust.

TSX:MRC - Post by User

Morguard Corp > 2020 and Q4 results are in

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Comment by pierrelebelon Mar 09, 2021 4:15pm

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Post# 32755265

RE:RE:RE:RE:RE:RE:RE:RE:2020 and Q4 results are in

mariorizzi wrote: "Mall values have plunged 60%.".....

With all due respect, the US mall problems outlined in the Bloomberg article have little to do with the current operations and assets of Morguard.

Once again, if you are really interested in MRC, take the time to read and understand the 2020 annual financials.

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