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

Primary Symbol: T.MRT.DB.A Alternate Symbol(s): MGRUF

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 > another dividend cut ?

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Post by incomedreamer11on Mar 09, 2021 1:53pm

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Post# 32754005

another dividend cut ?

Parent company Morguard has 564 mln $ available ( 142 mln cash and 422 mln LOC)

and they have 877,5 mln mortgage payable in 2021,plus on May 2021 200 mln $

debenture matured. Morguard short almost 450 mln $,so don't expect any help from company,

especially with taking out or purchase shares.

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