MISSISSAUGA, ON, April 24, 2018 /CNW/ – Morguard Corporation (“Morguard”) (TSX:MRC) today released its 2017 Sustainability Report, delivering strong results in key environmental, social and governance indicators. To download the Sustainability Report or the Highlights Report, visit www.morguard.com. “As a commercial real estate leader, we have an obligation to make a positive impact on the… [Read More]
Morguard Corporation Increases Ownership Position in Temple Hotels Inc.
MISSISSAUGA, ON, April 4, 2018 /CNW/ – Morguard Corporation (“Morguard”) (TSX: MRC) announced today that it has acquired 549,895 common shares (the “Common Shares”) of Temple Hotels Inc. (TSX: TPH) (“Temple”) through the facilities of the Toronto Stock Exchange and/or alternative Canadian trading systems on March 27, 2018 at a price of $2.65 per Common Share…. [Read More]
Morguard Corporation Announces 2017 Results and Regular Eligible Dividend
MISSISSAUGA, ON, Feb. 23, 2018 /CNW/ – Morguard Corporation (“Morguard” or the “Company”) (TSX:MRC) today announced its financial results for the year ended December 31, 2017. Reporting Highlights Total revenue increased by $191.8 million to $1,113.8 million for the year ended December 31, 2017, compared to $922.0 million for the same period in 2016. Net… [Read More]
Morguard’s 2018 Real Estate Investment Trends to Watch in Canada
Vigorous demand for Canadian real estate assets shows few signs of slowing in 2018 MISSISSAUGA, ON, Feb. 6, 2018 /CNW/ – The 2018 Canadian Economic Outlook and Market Fundamentals Research Report released today by Morguard Corporation (“Morguard”) (TSX: MRC) predicts another year of robust commercial real estate investment activity in Canada, given healthy demand for quality assets… [Read More]
Morguard Acquires Class A Office Property in Mississauga Business Park
MISSISSAUGA, ON, Feb. 6, 2018 /CNW/ – Morguard Corporation (“Morguard”) (TSX: MRC) announced today the acquisition of 5985 Explorer Drive, a three-storey Class A office building in Mississauga, ON, for a purchase price of $50.6 million, excluding taxes and transaction costs. “An ideal location and a strong covenant tenant make this premium office property an… [Read More]
Morguard Corporation Increases Ownership Position in Morguard Real Estate Investment Trust
MISSISSAUGA, ON, Jan. 10, 2018 /CNW/ – Morguard Corporation (“Morguard“) (TSX: MRC) announced today that it has acquired 1,298,796 units (the “Units“) of Morguard Real Estate Investment Trust (TSX: MRT.UN) (“Morguard REIT“) through the facilities of the Toronto Stock Exchange and/or alternative Canadian trading systems between August 22, 2017 and January 8, 2018 at a weighted… [Read More]
Morguard Acquires Premier Industrial Property in Prominent Ottawa Business Park
MISSISSAUGA, ON, Jan. 10, 2018 /CNW/ – Morguard Corporation (“Morguard”) (TSX: MRC) announced today that the real estate company has purchased Capital East Business Centre, a two-building, small-bay industrial portfolio in Ottawa, ON. The acquisition was completed for a purchase price of $42.5 million, excluding taxes and transaction costs, and encompasses 243,000 square feet on… [Read More]
Morguard Corporation Announces Filing of Final Base Shelf Prospectus
MISSISSAUGA, ON, Nov. 23, 2017 /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 debt securities… [Read More]
Morguard Corporation Announces 2017 Third Quarter Results and Regular Eligible Dividend
MISSISSAUGA, ON, Nov. 9, 2017 /CNW/ – Morguard Corporation (“Morguard” or the “Company”) (TSX:MRC) today announced its financial results for the three and nine months ended September 30, 2017. Third Quarter Operational Highlights: On September 15, 2017, the Company issued $200.0 million (net proceeds including closing costs – $198.8 million) of 4.333% Series C senior… [Read More]
Strong Third Quarter Activity, Robust Sales Pipeline Has Canadian Commercial Property Market Poised for Record Year
Vigorous demand has investors looking beyond Toronto and Vancouver as 2017 shows little sign of slowdown Canadian Economic Outlook & Market FundamentalsThird Quarter Update 2017 MISSISSAUGA, ON, Oct. 26, 2017 /CNW/ – Canadian commercial real estate activity continued at a robust pace in the third quarter of 2017 with signs now pointing to a record… [Read More]
Morguard’s Outstanding Risk Management in Occupational Health and Safety Drives Recognition as One of Canada’s Safest Employers
MISSISSAUGA, ON, Oct. 25, 2017 /CNW/ – For the fifth consecutive year, Morguard was recognized as one of Canada’s Safest Employers in the Retail and Services category by Canadian Occupational Safety. This notable achievement demonstrates Morguard’s ongoing commitment to occupational health and safety as a risk management imperative, with a positive impact on employee wellbeing… [Read More]
Morguard’s BeYou Campaign in Support of Big Brothers Big Sisters Wins ICSC Foundation’s 2017 Canadian Community Support Award
Inaugural campaign saw 13,000 young women participate in free interactive eventsdesigned to empower, mentor and support in Morguard shopping centres across Canada MISSISSAUGA, ON, Oct. 6, 2017 /CNW/ – Morguard is proud to announce that BeYou, the company’s national cause marketing campaign to help young women across Canada increase self-esteem, personal growth and self-worth, has… [Read More]
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