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 > IS THIS REALLY THE TIME TO ADD MORE.?

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Comment by MTLfinecityon Jul 13, 2021 8:29pm

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Post# 33540383

RE:IS THIS REALLY THE TIME TO ADD MORE.?

Yes, but MRT. UN definitely offers better value than ARR trading at 2x book value with 1/2 of the books value in cash (AKA, trading at 3x of the purchase price of the current royaltiy investments).

I think this is the very definition of overpaying.

You are welcome to MRT board.