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.

TSX:MRT.DB.A - Post by User

Morguard Real Estate Investment 5 25 convertible unsecured subordinated debentures > Wondering about Wonderland Corners

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Comment by Mrguillaumeon Feb 18, 2022 12:46pm

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Post# 34442360

RE:Wondering about Wonderland Corners

According to the audited f/s, the IFRS values were reduced by the disposition of Wonderland for the same amount as proceeds - $14.5 million (Note 3). So prior to Q4, fair value was adjusted to anticipate the sale. As the special distribution was mostly done to cover taxes related to this sale I would assume the tax value (original cost) was roughly $8.1 million given the special dist. totalled $6.4 million.

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