Sector’s strong historical performance record supported investor confidence despite economic headwinds Morguard Canadian Economic Outlook & Market FundamentalsSecond Quarter Update 2019 MISSISSAUGA, ON, Sept. 5, 2019 /CNW/ – The strong pace of Canadian commercial investment property sales and record-high levels in the multi-suite residential sector defined the second quarter of 2019, according to the latest Canadian… [Read More]

MISSISSAUGA, ON, Aug. 7, 2019 /CNW/ – Morguard Corporation (“Morguard” or the “Company”) (TSX:MRC) today announced its financial results for the three and six months ended June 30, 2019. Reporting Highlights Total revenue increased by $13.7 million, or 4.7%, to $301.4 million for the three months ended June 30, 2019, compared to $287.7 million for… [Read More]

MISSISSAUGA, ON, May 10, 2019 /CNW/ – Morguard Corporation (“the Corporation”) (TSX: MRC) today announced the results of matters voted on at its annual shareholders’ meeting held on May 8, 2019 (the “Meeting”), which included the election of directors of the Corporation, all of the nominees listed in its management information circular dated March 14, 2019. … [Read More]

OTTAWA, April 15, 2019 /CNW/ – This evening, Morguard Corporation (“Morguard” or the “Company”) (TSX: MRC) and Hilton will celebrate the grand opening of the Hilton Garden Inn and Homewood Suites by Hilton Ottawa Downtown. Morguard, who owns the property, began a redevelopment process in 2016 which has culminated in the first dual brand conversion… [Read More]

MISSISSAUGA, ON, April 9, 2019 /CNW/ – Morguard Corporation (TSX: MRC) (“Morguard”) announced today that on April 4, 2019 it acquired 21,045,702 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 February… [Read More]

MISSISSAUGA, ON, Feb. 21, 2019 /CNW/ – Morguard Corporation (“Morguard” or the “Company”) (TSX:MRC) today announced its financial results for the year ended December 31, 2018. Reporting Highlights Total revenue increased by $44.1 million, or 4.0% to $1,157.9 million for the year ended December 31, 2018, compared to $1,113.8 million for the same period in 2017…. [Read More]

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ MISSISSAUGA, ON, Jan. 25, 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 E senior unsecured debentures. These debentures bear interest at a rate of… [Read More]

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ MISSISSAUGA, Jan. 23, 2019 /CNW/ – Morguard Corporation (“Morguard”) (TSX: MRC) announced today that it has agreed to issue $225 million aggregate principal amount of series E senior unsecured debentures. These debentures will bear interest at a rate of 4.715% per annum… [Read More]

Real Estate Investment Trends to Watch in Canada in 2019 MISSISSAUGA, ON, Nov. 22, 2018 /CNW/ – Today, Morguard Corporation (“Morguard”) (TSX: MRC) released its 2019 Canadian Economic Outlook and Market Fundamentals Report. The report, Morguard’s 21st annual edition, states that activity levels and consumer appetite for quality Canadian real estate assets steadily increased in 2018,… [Read More]

MISSISSAUGA, ON, Nov. 8, 2018 /CNW/ – Morguard Corporation (“Morguard” or the “Company”) (TSX:MRC) today announced its financial results for the three and nine months ended September 30, 2018. Reporting Highlights Total revenue increased by $14.4 million to $294.0 million, or 5.2% for the three months ended September 30, 2018, compared to $279.6 million for the same… [Read More]

Rental market supply constraints continue to impede progress in most jurisdictions Canadian Economic Outlook & Market FundamentalsThird Quarter Update 2018 MISSISSAUGA, ON, Oct. 25, 2018 /CNW/ – Investment sales activity in the industrial sector continued its robust pace into the third quarter, according to the latest Research Report issued by Morguard Corporation (“Morguard”) (TSX: MRC). “Sales… [Read More]