MISSISSAUGA, ON, May 12, 2017 /CNW/ – Morguard Corporation (“the Corporation”) (TSX: MRC) today announced the results of matters voted on at its annual shareholders’ meeting held on May 10, 2017 (the “Meeting”), which included the election of directors of the Corporation, all of the nominees listed in its management information circular dated March 21,… [Read More]

MISSISSAUGA, ON, May 9, 2017 /CNW/ – Morguard Corporation (“Morguard” or the “Company”) (TSX:MRC) today announced its financial results for the three months ended March 31, 2017. Reporting Highlights: Total revenue increased by $38.8 million to $270.9 million compared to $232.1 million for the same period in 2016. NOI increased by $8.3 million, or 8.9%,… [Read More]

MISSISSAUGA, ON, May 8, 2017 /CNW/ – Morguard Corporation (TSX: MRC) (“Morguard”) today released its 2016 Sustainability Report, demonstrating positive results across environmental, social and governance (“ESG”) indicators. Understanding the priority investors place on Responsible Property Investing (“RPI”), Morguard’s approach was a key driver in its successes in sustainability. To download the Highlights Report or the full… [Read More]

Current phase of the real estate cycle considered durable Canadian Economic Outlook & Market FundamentalsFirst Quarter Update 2017 MISSISSAUGA, ON, May 1, 2017 /CNW/ – Above average transaction volumes, persistent demand and foreign capital are all driving Canada’s commercial investment property market, according to a new report issued by Morguard Corporation (“Morguard”) (TSX: MRC). The abundance of… [Read More]

MISSISSAUGA, ON, Feb. 23, 2017 /CNW/ – Morguard Corporation (“Morguard” or the “Company”) (TSX:MRC) today announced its financial results for the year ended December 31, 2016. Operational Highlights: On February 1, 2016, the Company acquired a 370 suite residential property located in Ottawa, Ontario, for $67.0 million. The acquisition was funded by cash on hand… [Read More]

MISSISSAUGA, ON, Feb. 2, 2017 /CNW/ – Morguard is projecting another year of stable real estate investment performance in 2017 as investors look to the Canadian market for relatively stable yields. While there is a dichotomy between the financial and technology driven economies and resource-based economies in Canada, there remains attractive opportunities for investment.  By the… [Read More]

MISSISSAUGA, ON, Dec. 19, 2016 /CNW/ – Morguard Corporation (TSX: MRC) (“Morguard“) announced  today that on December 16, 2016 it acquired 54,578,187 common shares (the “Common Shares“) of Temple Hotels Inc. (“Temple Hotels“) in connection with Temple Hotels’ previously announced rights offering (the “Rights Offering“), as described in Temple Hotels’ Rights Offering Circular dated November 7,… [Read More]

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ MISSISSAUGA, ON, Nov. 15, 2016 /CNW/ – Morguard Corporation (“Morguard”) (TSX: MRC) announced today that it has agreed to issue $200 million aggregate principal amount of series B senior unsecured debentures. These debentures will bear interest at a rate of 4.013% per… [Read More]

MISSISSAUGA, ON, Nov. 11, 2016 /CNW/ – Morguard Corporation (“Morguard” or the “Company”) (TSX:MRC) today announced its financial results for the three and nine months ended September 30, 2016. Reporting Highlights: Funds from operations (“FFO”) increased by $13.7 million to $53.5 million for the three months ended September 30, 2016, compared to $39.8 million for the… [Read More]

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ MISSISSAUGA, ON, Nov. 7, 2016 /CNW/ – Morguard Corporation (“Morguard”), (TSX: MRC) announced today that it has filed a (final) base shelf prospectus with the securities regulatory authorities in each of the provinces and territories of Canada, except Quebec. The base… [Read More]

MISSISSAUGA, ON, Nov. 4, 2016 /CNW/ – Morguard Corporation (“Morguard”) (TSX: MRC) was recognized by Hilton with the inaugural Best Conversion for Dual Brand award for the proposed 361 Queen Street redevelopment project in downtown Ottawa, Ontario. The proposed redevelopment is the first dual brand conversion, of an existing building, under the Hilton banner in Canada… [Read More]