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 > Bought a few today

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Comment by Shirtlessnomoreon Oct 22, 2021 9:19pm

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Post# 34039962

RE:RE:Bought a few today

I would agree, if this dropped to say 5.20 it would literally have only moved a buck after 19 months which is just insane. Cheers.

flamingogold wrote: A div bump will rocket launch this so holding a bunch just in case and ready to pick up more on weakness if it prints low $5's. Watching to see if any buys from MRT come in as well. If needed, the land/buildings can always be repurposed, this is now about patience.

Shirtlessnomore wrote: Let's hope it pays off and I somewhat anticipated a div bump as well. Maybe not a bad thing as we wont be able to buy this cheap when it does happen. Cheers