MISSISSAUGA, ON, Aug. 4, 2021 /CNW/ – Morguard Corporation (“Morguard” or the “Company”) (TSX: MRC) today announced its financial results for the three and six months ended June 30, 2021. Morguard is pleased to report its financial and operating results for the three and six months ended June 30, 2021, that demonstrate the resilient nature… [Read More]

Multi-suite residential rental properties continue to generate strong bids from investors given the asset class’s largely positive medium-to-long term performance forecast Industrial investment demand remains robust resulting in high transaction volume and upward property value pressure Grocery-anchored retail properties remain attractive to investors despite in-person shopping restrictions in the first quarter Questions surrounding returning to… [Read More]

MISSISSAUGA, ON, May 17, 2021 /CNW/ – Morguard Corporation (“Morguard” or the “Company”) (TSX: MRC) announced that it has fully repaid the $200 million 4.085% Series D senior unsecured debentures on maturity. Proceeds for repayment of the Series D senior unsecured debentures were generated by Morguard from new mortgage proceeds, with the balance funded from… [Read More]

MISSISSAUGA, ON, May 7, 2021 /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 shelf prospectus is valid for a 25-month period, during which Morguard may offer common shares,… [Read More]

MISSISSAUGA, ON, May 6, 2021 /CNW/ – Morguard Corporation (the “Corporation”) (TSX: MRC) today announced the results of matters voted on at its annual shareholders’ meeting held on May 5, 2021 (the “Meeting”), which included the election of directors of the Corporation, all of the nominees listed in its management information circular dated March 12,… [Read More]

MISSISSAUGA, ON, May 5, 2021 /CNW/ – Morguard Corporation (“Morguard”) (TSX: MRC) today released its 2020 Sustainability Report, outlining the accomplishments and activities of Sustainable Morguard, the company-wide corporate sustainability and responsibility program that focuses on environmental, social and governance (“ESG”) performance. Despite the uncertainty caused by the pandemic over the past year, Morguard worked to… [Read More]

MISSISSAUGA, ON, May 4, 2021 /CNW/ – Morguard Corporation (“Morguard” or the “Company”) (TSX: MRC) today announced its financial results for the three months ended March 31, 2021. Morguard is pleased to report its financial and operating results for the three months ended March 31, 2021, that demonstrate the resilient nature of the Company’s portfolio and… [Read More]

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]