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Morguard Corp T.MRC

Alternate Symbol(s):  MRCBF

Morguard Corporation is a Canada-based real estate and property management company. The Company’s principal activities include the acquisition, development and ownership of multi-suite residential, commercial and hotel properties. The Company has various retail, office, industrial, hotel and residential holdings owned directly and through its investment in Morguard Real Estate Investment Trust and Morguard North American Residential REIT. Its owned and managed portfolio of assets is valued at over $17.6 billion. The Company owns a diversified portfolio of over 160 multi-suites residential, retail, office, industrial and hotel properties located in Canada and in the United States. The Company also provides real estate management services to institutional and other investors. The Company, through Lincluden Investment Management Limited, offers institutional clients and private investors a broad range of global investment products across equity, fixed-income and balanced portfolios.


TSX:MRC - Post by User

Post by Malpeque2on Jan 11, 2022 1:28pm
339 Views
Post# 34304440

Morguard vs. Melcor

Morguard vs. MelcorAt least Melcor trading at a fraction of Book,   which under IFRS is supposed to be some reasonable approximation of FMV,  is actually buying back stock unlike Morguard which has about all the same characteristics as Melcor and does NOTHING. 
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