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Morguard Corp T.MRC

Alternate Symbol(s):  MRCBF

Morguard Corporation is a Canada-based real estate and property management company. The Company’s principal activities include the acquisition, development and ownership of multi-suite residential, commercial and hotel properties. The Company has various retail, office, industrial, hotel and residential holdings owned directly and through its investment in Morguard Real Estate Investment Trust and Morguard North American Residential REIT. Its owned and managed portfolio of assets is valued at over $17.6 billion. The Company owns a diversified portfolio of over 160 multi-suites residential, retail, office, industrial and hotel properties located in Canada and in the United States. The Company also provides real estate management services to institutional and other investors. The Company, through Lincluden Investment Management Limited, offers institutional clients and private investors a broad range of global investment products across equity, fixed-income and balanced portfolios.


TSX:MRC - Post by User

Comment by Malpeque2on Mar 09, 2021 12:30pm
164 Views
Post# 32753266

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

RE:RE:RE:RE:RE:RE:RE:RE:2020 and Q4 results are inRai Sahi has plenty of levers to pull and buttons to push here in the Morguard empire to create shareholder value.

It looks to me like a total opression of the minority shareholders by this Sahi dude. 

He won't lift a "F$(king finger to help.      Plenty of assets performing well to sell and use the proceeds to pay down debt and repurchase shares at historic lows,  but he won't do it!

Malls in Canada are doing ok for Rai.    MUch of the larger dept. store vacancies have already been repurposed and released.   These are well located Malls.   
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