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 > Shorts need a close below $6.52

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Comment by Shirtlessnomoreon Jun 07, 2021 2:05pm

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Post# 33341334

RE:RE:RE:RE:RE:RE:RE:Shorts need a close below $6.52

And in fact replacement value is far greater between building products and lumber which has pushed real estate higher so at some point rent on commercial will go up as well when all is said and most importantly DONE!!

slst wrote:
Now this has to be scary for shorts.....we could close above $6.52 and that would be a technical break out.

The book value is at $18 per share.....Land and Buildings!!!! in the Cities...spread out accross Canada......those rarely go down in value.