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Bullboard - Stock Discussion Forum 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... see more

TSX:MRT.DB.A - Post Discussion

Post by materialsgirl on Feb 18, 2021 4:31pm

Bag of bones

I took a first look at it.  It is still 20% above the recent low.

I looked to see if they had any trophy properties.  I found none.

I looked for any great properties. I could not see any.

It seems like a poor company focussed on 2 poor businesses;
enclosed malls and modest offices.  Calgary offices may be an
endangeres species.

At some price I could place a stink bid but not yet.

mat
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