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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

Post by slston Jun 27, 2021 10:18pm
124 Views
Post# 33458340

REOPENING TRADE COMMING SOON.

REOPENING TRADE COMMING SOON.
Many REITS are still lagging when compared other sectors.  Banks have more than recovered and they have mortgages these REITS.  This is one of those lagging sectors for investors.  They want to SEE businesses reopen and everyone starts going back to the Office.

Am expecting Investors to take some of their profits from sectors that may have overshot, and pick up these value plays.

If "Any" inflation persists, than the REITS are very undervalued.



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