Morguard Real Estate Investment 5 25 convertible unsecured subordinated debentures T.MRT.DB.A

Alternate Symbol(s): MGRUF | T.MRT.UN

Real Estate REIT - Diversified

Morguard Real Estate Investment Trust is a Canada-based closed-end real estate investment trust. The Company provides real estate advisory services and portfolio management services, specializing in publicly traded equities and fixed-income securities, to institutional clients and private investors. The Company owns a diversified portfolio of 46 retail, office and industrial income-producing properties in Canada consisting of approximately 8.2 million square feet of leasable space. It owns and manages a diversified portfolio of office, industrial, retail, multi-suite residential and hotel properties in North America. It is a significant sponsor of two real estate investment trusts (REITs): Morguard REIT, a closed-end Trust with a diversified portfolio of Canadian commercial real estate assets; and Morguard North American Residential REIT, an open-end Trust with a diversified portfolio of multi-suite residential assets across North America.

TSX:MRT.DB.A - Post by User

Morguard Real Estate Investment 5 25 convertible unsecured subordinated debentures > Collect dividends till it doubles this year

<< Previous

Bullboard Posts

Next >>

Comment by Shirtlessnomoreon Apr 05, 2021 10:06am

231 Views

Post# 32936640

RE:RE:RE:Collect dividends till it doubles this year

Agree flamingo, this is real estate, the best parts about real estate is its flexibility and the fact that it cant be manufactured, what's there is there and where I live there has been some fantastic condos built on old commercial properties and they look great.

flamingogold wrote: Morguard owns the building and land so for properties in decline they can be rezoned/repurposed. This is not an uncommon practice for evolving cities and suburbs. After the 2008 financial crash where many car dealerships shuttered, the land was rezoned residential for townhomes and condo developments.

Morguard's assets will always be in demand, just a matter of switching over to whatever is needed. This is a long term hold and we live in a fast money market where we have mostly traders, not investors. Those that have the paitence to wait will be rewarded here.

Shirtlessnomore wrote: Agreed, honestly this thing is a gift, seriously this is the last diversified reit that is this undervalued and I wont be missing the train. A run coupled with fomo is in its future. Even mr.un is at 6.41 right now.

Copperrun wrote: easy peasy