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 > Worst stock in the history of REITs

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Comment by canadianon Dec 08, 2020 8:30pm

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Post# 32064193

RE:RE:RE:RE:RE:RE:RE:RE:Worst stock in the history of REITs

Respectfully disagree. MRT is buying back very few shares (nothin in November).

MRC is not buying shares. They are just dripping at low price (increasing the total numer of shares) which is bad for other share holders.

MRC is using its majority shareholder power and not suspending the DRIP.

Shirtlessnomore wrote: And why would they want to sell themselves short on value, the topic is pretty much about how much they own, why wouldnt they want it as much value as possible. That's their whole complaint and reason for share buyback, they arent happy with the valuation and want it higher so the more control they have the higher it can go. Small retail ownership means less volatility. Everything screams buy then hold on this thing imo.

Shirtlessnomore wrote: That's right.

canadian wrote: Found probable answer to this question. They can't really buyout with an offer very less than NAV