Morguard Real Estate Investment 5 25 convertible unsecured subordinated debentures T.MRT.DB.A

October 2021 Distribution of 2 Cents per Unit

[Betteryear2]

MISSISSAUGA, ON, Oct. 15, 2021  /CNW/ - Morguard Real Estate Investment Trust (the "Trust") (TSX: MRT.UN) today announced that it has declared a distribution of 2 cents per unit for the month of October 2021.  The distribution will be payable on November 15, 2021 to unitholders of record as at October 29, 2021.

About Morguard Real Estate Investment Trust

The Trust is a closed-end real estate investment trust, which owns a diversified portfolio of 47 high quality retail, office and industrial income producing properties in Canada consisting of approximately 8.3 million square feet of leasable space.

Related Links

https://www.morguardreit.com

[slst]

Now this surprised me.  Was expecting them to increase the distribution believing REITS are required, at the very least, to distribute their "taxable" income.  Reported income so far showed much higher income.  We may get a better sense when they release thier 3rd quarter report.  Most other Reits are well on their way back from their Covid lows.

[MTLfinecity]

patience patience , and patience XD  We will get our christmas gift