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 > Almost 70% owned by Insiders & MRC

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Comment by Shirtlessnomoreon Feb 17, 2021 9:40pm

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Post# 32592439

RE:RE:RE:RE:RE:RE:Almost 70% owned by Insiders & MRC

There is no doubt that the higher the price gets the higher the drip average, perhaps that 2 cents a share is used to bring that share price up via buyback. It's going to take a long time tho, the current state of everything with respect to closures etc not too mention what businesses dont make it thru this is a huge unknown. For now the cut with the drip preserves cash and cuts drip shares in half, long term it's a win win. The decision then comes to retail, who wants to hold for 4% instead of 8% I guess we see tomorrow.