MISSISSAUGA, ON, June 29, 2020 /CNW/ – Morguard Corporation (“Morguard“) (TSX: MRC) announced that that it acquired 1,632,281 trust units (the “Units“) of Morguard Real Estate Investment Trust (the “REIT“) (TSX: MRT.UN), through the facilities of the Toronto Stock Exchange and alternative Canadian trading systems and by way of a private transaction through the REIT’s… [Read More]
Morguard Corporation Announces Voting Results from the 2020 Annual Meeting of Shareholders
MISSISSAUGA, ON, May 7, 2020 /CNW/ – Morguard Corporation (“the Corporation”) (TSX: MRC) today announced the results of matters voted on at its annual shareholders’ meeting held on May 6, 2020 (the “Meeting”), which included the election of directors of the Corporation, all of the nominees listed in its management information circular dated March 12, 2020. … [Read More]
Morguard Corporation Announces 2020 First Quarter Results, Regular Eligible Dividend and Provides Operational Update Related to COVID-19
MISSISSAUGA, ON, May 5, 2020 /CNW/ – Morguard Corporation (“Morguard” or the “Company”) (TSX:MRC) today announced its financial results for the three months ended March 31, 2020, including a brief operational and liquidity update as we continue to focus on managing through the COVID-19 pandemic. Reporting Highlights Total revenue increased by $2.8 million, or 1.0% to… [Read More]
Morguard Corporation Announces COVID-19 Precautionary Measures for its Upcoming Annual Shareholders’ Meeting
Shareholders are Encouraged to Join the Webcast or Teleconference of the Meeting and Vote in Advance of the Proxy Cut-off Voting Will Not be Available Via Webcast or Teleconference MISSISSAUGA, ON, April 28, 2020 /CNW/ – Morguard Corporation (“Morguard” or the “Company”) (TSX:MRC) announced today that its annual meeting (the “Meeting”) of holders of Morguard… [Read More]
Morguard Update to Stakeholders
MISSISSAUGA, ON, March 31, 2020 /CNW/ – Morguard Corporation (“Morguard” or the “Company”) (TSX:MRC), along with Morguard Real Estate Investment Trust (TSX:MRT.UN) and Morguard North American Residential Real Estate Investment Trust (TSX: MRG.UN), acknowledges that the worldwide health crisis has profoundly affected us all. While we are currently in an uncertain and volatile market period,… [Read More]
Morguard Corporation Announces 2019 Results and Regular Eligible Dividend
MISSISSAUGA, Feb. 20, 2020 /CNW/ – Morguard Corporation (“Morguard” or the “Company”) (TSX:MRC) today announced its financial results for the year ended December 31, 2019. Reporting Highlights Total revenue increased by $35.1 million, or 3.0% to $1,193.0 million for the year ended December 31, 2019, compared to $1,157.9 million for the same period in 2018. Net… [Read More]
Temple & Morguard Complete Going Private Transaction and Early Warning
MISSISSAUGA, ON, Feb. 18, 2020 /CNW/ – Morguard Corporation (TSX: MRC) (“Morguard“) and Temple Hotels Inc. (TSX:TPH) (“Temple“) announced today that they have completed the previously announced statutory plan of arrangement under section 192 of the Canada Business Corporations Act (the “Arrangement“), pursuant to which Morguard has acquired all of the issued and outstanding common… [Read More]
Morguard Enters into Arrangement Agreement with Temple Hotels
MISSISSAUGA, ON, Dec. 19, 2019 /CNW/ – Morguard Corporation (“Morguard“) (TSX: MRC) and Temple Hotels Inc. (“Temple“) (TSX: TPH) are pleased to announce that, further to Morguard’s press release dated November 15, 2019, they have entered into a definitive agreement (the “Arrangement Agreement“) pursuant to which Morguard will acquire all of the outstanding common shares of… [Read More]
Solid growth will prevail for Canada’s commercial real estate market in 2020: Morguard
Commercial Real Estate Investment and Market Performance Trends to Watch in 2020 MISSISSAUGA, ON, Dec. 10, 2019 /CNW/ – Morguard Corporation (“Morguard”) (TSX: MRC) today released its 2020 Canadian Economic Outlook and Market Fundamentals Report, providing a detailed 2019 market update and an overview of the 2020 investment trends to watch. The report, Morguard’s 22nd… [Read More]
Morguard Announces Completion of $225 Million Offering of 4.204% Series F Senior Unsecured Debentures
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ MISSISSAUGA, ON, Nov. 27, 2019 /CNW/ – Morguard Corporation (“Morguard”) (TSX: MRC) announced today that it has completed its previously announced issuance of $225 million aggregate principal amount of series F senior unsecured debentures. These debentures bear interest at a rate of 4.204%… [Read More]
Morguard Announces $225 Million Offering of 4.204% Series F Senior Unsecured Debentures
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ MISSISSAUGA, ON, Nov. 25, 2019 /CNW/ – Morguard Corporation (“Morguard”) (TSX: MRC) announced today that it has agreed to issue $225 million aggregate principal amount of series F senior unsecured debentures. These debentures will bear interest at a rate of 4.204% per… [Read More]
Morguard Corporation Announces Going Private Proposal for Temple Hotels Inc. at $2.10 per Common Share in Cash
– Minority shareholders owning approximately 16.9% of the Temple Hotels Inc. common shares have agreed to support the proposed transaction – Proposed transaction delivers substantial 18.0% premium MISSISSAUGA, ON, Nov. 15, 2019 /CNW/ – Morguard Corporation (“Morguard” or the “Company“) (TSX:MRC) today announced that it has submitted a proposal to the board of directors of… [Read More]
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