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.

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Morguard Real Estate Investment 5 25 convertible unsecured subordinated debentures > $7 Dollar Load Up

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Comment by my2pennieson Jun 17, 2021 10:02am

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Post# 33401394

RE:RE:RE:$7 Dollar Load Up

The $7.01 load up was nice while it lasted. I've hit my personal max quota on MRT so now it's time to sot back and let the late comers drive this baby to $8+ in the coming months.

slst wrote:
OOPS...in my last post, I ment to say at todays price the restored distribution would be nearly 14% annually ...NOT including Capital Gains, when the price goes back to its historical price.

Net Asset Value or Book Value is $18 per share...Seems like real Deep Value discount to me.
This is Land and Buildings in Canadian Towns and Cities.

Do your own due Deligence.