Morguard Real Estate Investment 5 25 convertible unsecured subordinated debentures MGRUF

Primary Symbol: T.MRT.DB.A Alternate Symbol(s): 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.

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Morguard Real Estate Investment 5 25 convertible unsecured subordinated debentures > MRT Has Public Float of 13.5 Million Units

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Comment by flamingogoldon Feb 22, 2024 11:42am

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Post# 35893392

RE:MRT Has Public Float of 13.5 Million Units

The question is would Rai Sahi challenge a $6 bid with something higher? Right now, the 2 whales are swallowing up small fry at $5.25-$5.50 until that completely dries up.

Predator2018 wrote: Basically, Armoyan can buyout all the public float with his 10% stake in MRC.
An offer of say $6 implies only $81 Million is needed to acquire the minority public float.

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