MISSISSAUGA, ON, Sept. 19, 2017 /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]
Morguard and Big Brothers Big Sisters Launch Second Annual BeYou Campaign to Help Young Women Increase Self-Esteem, Personal Growth and Self-Worth
MISSISSAUGA, ON, Sept. 18, 2017 /CNW/ – Morguard has teamed up with Big Brothers Big Sisters for the second annual BeYou campaign to help young women across Canada increase self-esteem, personal growth and self-worth. The program will be rolled out from September 18-24, 2017, in the 21 enclosed owned and managed Canadian shopping centres in… [Read More]
Morguard Reports No Significant Damage to Southeastern U.S. Portfolio after Hurricane Irma
MISSISSAUGA, Sept. 15, 2017 /CNW/ – The Morguard North American Residential Real Estate Investment Trust (the “REIT”) (TSX: MRG.UN) and Morguard Corporation (“Morguard”) (TSX: MRC) reported today that the company’s portfolio in the southeastern United States did not sustain any significant damage as a result of Hurricane Irma. “The safety and well-being of our residents,… [Read More]
Morguard Announces Completion of $200 Million Offering of 4.333% Series C Senior Unsecured Debentures
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ MISSISSAUGA, ON, Sept. 15, 2017 /CNW/ – Morguard Corporation (“Morguard”) (TSX: MRC) announced today that it has completed its previously announced issuance of $200 million aggregate principal amount of series C senior unsecured debentures. These debentures bear interest at a rate of… [Read More]
Morguard Corporation Increases Ownership Position in Morguard Real Estate Investment Trust
MISSISSAUGA, ON, Aug. 18, 2017 /CNW/ – Morguard Corporation (“Morguard“) (TSX: MRC) announced today that it has acquired 1,238,575 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 March 15, 2017 and August 16, 2017 at a… [Read More]
Morguard Acquires Argus Corporate Centre, Premier Class A Office Property in Oakville, ON
MISSISSAUGA, ON, Aug. 18, 2017 /CNW/ – Morguard Corporation (“Morguard”) (TSX: MRC), a fully integrated North American real estate company, announced today that the company has purchased the Argus Corporate Centre, a five-storey Class A suburban office building located at 586 Argus Road in Oakville, ON. The acquisition was completed for a purchase price of $18.5… [Read More]
Morguard North American Residential REIT and Morguard Corporation Complete Acquisition of Prominent U.S. Multi-Suite Residential Property
/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/ MISSISSAUGA, ON, Aug. 18, 2017 /CNW/ – Morguard North American Residential Real Estate Investment Trust (the “REIT”) (TSX:MRG.UN) and Morguard Corporation (the “Company”) (TSX:MRC) announced today the acquisition of The Fenestra at Rockville Town Square (“The Fenestra”), a 492-suite apartment community in Rockville,… [Read More]
Morguard Corporation Announces 2017 Second Quarter Results and Regular Eligible Dividend
MISSISSAUGA, ON, Aug. 9, 2017 /CNW/ – Morguard Corporation (“Morguard” or the “Company”) (TSX:MRC) today announced its financial results for the three and six months ended June 30, 2017. Second Quarter Reporting Highlights: Total revenue increased by $48.0 million to $275.7 million for the three months ended June 30, 2017, compared to $227.7 million for the… [Read More]
Morguard Acquires Premier Class A Office Property in Markham, ON
MISSISSAUGA, ON, Aug. 3, 2017 /CNW/ – Morguard Corporation (“Morguard”) (TSX: MRC) announced today that the real estate company has purchased 123 Commerce Valley Drive East, an 8-storey Class A suburban office building in Markham, ON. The acquisition was completed for a purchase price of $66.5 million, excluding taxes and transaction costs, and encompasses 203,500 square feet… [Read More]
Canadian Commercial Investment Property Market Continues to Attract Healthy Demand as Global Economy Heats Up
Outlook remains strong and stable despite recent policy changes Canadian Economic Outlook & Market FundamentalsSecond Quarter Update 2017 MISSISSAUGA, ON, Aug. 1, 2017 /CNW/ – Despite the strengthening economy driving a rise in interest rates and less accommodative monetary policy, investors in Canadian commercial real estate can expect more of the same strong performance, according to… [Read More]
Morguard and William Osler Health System Celebrate the Topping Off of the Ancillary Services Building at Etobicoke General Hospital
MISSISSAUGA, ON, June 27, 2017 /CNW/ – Morguard Corporation (“Morguard”) (TSX: MRC) and William Osler Health System celebrated a major milestone with the topping off of the Ancillary Services Building (“ASB”) at Etobicoke General Hospital (“EGH”). In 2016, the Morguard-led EGH Health Partners consortium was awarded the mandate to design, build, finance and maintain the… [Read More]
Morguard Adds Three HOOPP LEAP Awards to its Collection for Outstanding Sustainability Performance
MISSISSAUGA, ON, June 9, 2017 /CNW/ – Today, Morguard was recognized with three Leadership in Environmental Advancement Program (LEAP) Awards from Healthcare of Ontario Pension Plan (HOOPP). Morguard’s 2017 awards exemplify a core operational focus on sustainability and dedication to best practices, which includes effective collaboration among building management teams and tenants. Adding three new… [Read More]
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