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 > Short interest as of March

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Comment by slston Apr 14, 2021 12:51am

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Post# 32990833

RE:RE:RE:RE:Short interest as of March

If the parent company decides to buy the shares it does not have in a takeover bid, like Brookfield Asset Managment did for its REIT subsidiary, the Shorts will be SLAUGHTERED.

Holders of the Convertibles would not short because, their Debetures are convertible at $20 per share. Their debt being refinanced or renewed at approximately 3% versues 4% being paid.

Not sure why this REIT is still trading at such a deep discount when the other Retail Canadian Reits are 60-80% back from their lows last year.

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