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Morguard Real Estate Investment 5 25 convertible unsecured subordinated debentures T.MRT.DB.A

Alternate Symbol(s):  MGRUF | T.MRT.UN

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

Post by flamingogoldon Feb 03, 2022 12:54pm
182 Views
Post# 34393725

Last to run... but it's coming

Last to run... but it's comingMy watchlist of pandemic beaten up stocks has this at the bottom and yet to run. Oil at multi-year highs will breathe life back into Alberta's economy and MRT will benefit.

Work from home mandates are ending in Europe. While Canada is a laggard and follows the US and Europe, the switch to commute back to the office, even flex days, is coming.

The run could happen at any time.... weeks, months, no one can predict. But, the upside potential far outweighs the downside.

Position. Patience. Profit.
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