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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

Comment by flamingogoldon Apr 19, 2022 11:17am
123 Views
Post# 34613213

RE:Breaking up?

RE:Breaking up?Channel has broken.

The covid losers of 2020-21 are climbing back while most covid winners are now the dogs of 2022. Mall traffic is picking up again and commuting is back for many as offices implement a hybrid work from home/offce schedule. And yesterday in the US mask mandates were dropped in public spaces (planes, airports, transport). Canada will follow.

Going forward we will just adapt and learn to live with covid. The era of 2020-21 shutdowns is not coming back.

flamingogold wrote: Last year this week the stock was low $5's and by June it was low $7's with no change to the div. Omicron eventually brought us back down. With covid shutdowns in the past we could see a retest again. The stock is currently trending up. Needs to break $5.60 to break out of the current channel.


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