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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 pierrelebelon Feb 07, 2024 9:44am
148 Views
Post# 35867179

RE:New Press Release - Morguard Real Estate Investment Trust Announces Normal Course Issuer Bid

RE:New Press Release - Morguard Real Estate Investment Trust Announces Normal Course Issuer Bid
What a waste of time and effort!

"No Units were purchased for cancellation and no Debentures were purchased for cancellation during the last twelve months."

If MRT did not buy any unit in the last twelve months why bother to renew the bid. The market price was not low enough?



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