MISSISSAUGA, ON, Feb. 25, 2021 /CNW/ – Morguard Corporation (“Morguard” or the “Company”) (TSX: MRC) today announced its financial results for the year ended December 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 from real estate properties increased by… [Read More]

Performance in the multi-suite residential rental sector will remain healthy, bolstering investor confidence Industrial real estate will continue to outperform, driven by increased online shopping and demand for delivery and logistics space Retail segment performance will continue to be impacted by COVID-19 restrictions, changes in consumer shopping behaviour, and structural changes in the broader retail… [Read More]

MISSISSAUGA, ON, Nov. 23, 2020 /CNW/ – Morguard Corporation (“Morguard” or the “Company”) (TSX:MRC) announced that it has fully repaid the $200 million 4.013% Series B senior unsecured debentures on maturity. Proceeds for repayment of the Series B senior unsecured debentures were generated by Morguard issuing $175 million 4.402% Series G senior unsecured debentures, as… [Read More]

Canadian job market continued to strengthen in Q3 after historic losses resulting from COVID-19’s first wave Assets with financially stable tenants on longer-term leases to continue to attract investors in the remainder of 2020 Consumer and investor confidence expected to return at some point during 2021 assuming some form of resolution of the pandemic and… [Read More]

MISSISSAUGA, ON, Nov. 5, 2020 /CNW/ – Morguard Corporation (“Morguard” or the “Company”) (TSX: MRC) today announced its financial results for the three and nine months ended September 30, 2020, including a brief operational and liquidity update as we continue to focus on managing through the COVID-19 pandemic. Reporting Highlights Total revenue from real estate… [Read More]

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ MISSISSAUGA, ON, Sept. 28, 2020 /CNW/ – Morguard Corporation (“Morguard”) (TSX: MRC) announced today that it has completed its previously announced issuance of $175 million aggregate principal amount of series G senior unsecured debentures. These debentures bear interest at a rate of 4.402%… [Read More]

MISSISSAUGA, ON, Sept. 18, 2020 /CNW/ – For the fifth year in a row, Morguard Corporation (“Morguard”) (TSX: MRC) is joining forces with Big Brothers Big Sisters of Canada (“BBBSC”) through our BeYou campaign to help keep kids connected and raise funds to support BBBSC programs. The 2020 campaign officially launches today with an empowering… [Read More]

MISSISSAUGA, ON, Sept. 17, 2020 /CNW/ – Morguard Corporation (MRC:TSX) (“Morguard”) announced today that the Toronto Stock Exchange (the “TSX”) has accepted a notice filed by Morguard of its intention to make a normal course issuer bid through the facilities of the TSX and/or alternative Canadian trading systems. The notice provides that Morguard may, during… [Read More]

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES MISSISSAUGA, ON, Sept. 14, 2020 /CNW/ – Morguard Corporation (“Morguard”) (TSX: MRC) announced today that it has agreed to issue $175 million aggregate principal amount of series G senior unsecured debentures. These debentures will bear interest at a rate of 4.402% per… [Read More]

Uneven economic recovery across Canadian provinces expected to begin in the second half of 2020. Measures taken by the Bank of Canada helped stem the tide and lay the foundation for recovery. Morguard Canadian Economic Outlook & Market Fundamentals Second Quarter Update 2020 MISSISSAUGA, ON, Aug. 27, 2020 /CNW/ – During the second quarter of… [Read More]

MISSISSAUGA, ON, Aug. 5, 2020 /CNW/ – Morguard Corporation (“Morguard” or the “Company”) (TSX: MRC) today announced its financial results for the three and six months ended June 30, 2020, including a brief operational and liquidity update as we continue to focus on managing through the COVID-19 pandemic. Reporting Highlights Total revenue from real estate properties… [Read More]