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Morguard Corp MRCBF


Primary Symbol: T.MRC

Morguard Corporation is a Canada-based real estate and property management company. The Company’s principal activities include the acquisition, development and ownership of multi-suite residential, commercial and hotel properties. The Company has various retail, office, industrial, hotel and residential holdings owned directly and through its investment in Morguard Real Estate Investment Trust and Morguard North American Residential REIT. Its owned and managed portfolio of assets is valued at over $17.6 billion. The Company owns a diversified portfolio of over 160 multi-suites residential, retail, office, industrial and hotel properties located in Canada and in the United States. The Company also provides real estate management services to institutional and other investors. The Company, through Lincluden Investment Management Limited, offers institutional clients and private investors a broad range of global investment products across equity, fixed-income and balanced portfolios.


TSX:MRC - Post by User

Post by Northforce13on Oct 03, 2024 5:11pm
108 Views
Post# 36252364

MRC into SOT

MRC into SOTSold my trading position of MRC, nice gain vs entry, redeployed capital into SOT.UN.

Big developments over there, lots happening behind the scenes

It SOT survives, which seems increasingly likely due to recent developments, it appears to be the most undervalued REIT by orders of magnitude.  This is/was because of uncertainty as to its future.

REITs seem to be struggling a with concerns of inflation resurgence.  

Still holding my long term hold position of MRC, which is quite large

GLTA
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