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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 robbie80 on Oct 10, 2021 1:52pm

Calgary office space

Crude oil price is multi years high and it seems MRT's Calgary office portfolio is performing pretty well. Several months ago, MRT listed 200K sqft of PennWest office for lease or sublease. It seems the hugePennwest building is fully occupied now. 

https://morguardleasing.com/?type=O
Comment by baldstock on Oct 10, 2021 4:26pm
that's great to hear. I lived 18 years in Alberta and edmonton downtown is pretty bad. City center mall most of it empty lol. And last year CN tower sold @ 10 dollars with debt in calgary. It looks like worst is done.. this year