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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 ozkan123on Nov 07, 2023 11:31am
328 Views
Post# 35721564

RE:RE:Annual high printed today

RE:RE:Annual high printed todayI guess this would back up your theory of Armoyans slowly increasing their holdings; an excerpt from today's Globe & Mail under Tuesday's Insider Report.  I have held (a very small position) onto to it for awhile and come close to selling for another but maybe now consedering increasing this holding.  

Morguard REIT (MRT-UN-T-0.19%

decrease
Between Oct. 25 and Nov. 2, Sime Armoyan, with an ownership position exceeding 10 per cent, invested over $300,000 in units of this REIT. She acquired a total of 57,500 units at an average price per unit of roughly $5.25 for an account in  which she has control or direction over (Armco Alberta Inc.), lifting the holdings in this particular account to 6,390,300 units.
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