Company Morguard Real Estate Investment Trust

Equities

MRT.UN

CA6179141065

Commercial REITs

Market Closed - Toronto S.E. 12:28:24 2024-04-30 pm EDT 5-day change 1st Jan Change
5.31 CAD +0.76% Intraday chart for Morguard Real Estate Investment Trust -0.93% -0.56%

Business Summary

Morguard Real Estate Investment Trust is a Canada-based closed-end real estate investment trust. The Company provides real estate advisory services and portfolio management services, specializing in publicly traded equities and fixed-income securities, to institutional clients and private investors. The Company owns a diversified portfolio of 46 retail, office and industrial income-producing properties in Canada consisting of approximately 8.2 million square feet of leasable space. It owns and manages a diversified portfolio of office, industrial, retail, multi-suite residential and hotel properties in North America. It is a significant sponsor of two real estate investment trusts (REITs): Morguard REIT, a closed-end Trust with a diversified portfolio of Canadian commercial real estate assets; and Morguard North American Residential REIT, an open-end Trust with a diversified portfolio of multi-suite residential assets across North America.

Number of employees: 8

Sales per Business

CAD in Million2022Weight2023Weight Delta
Rental
50.2 %
- - 166 50.2 % -
Property Management and Ancillary
34.8 %
- - 115 34.8 % -
Property Tax and Insurance
15.0 %
- - 50 15.0 % -

Sales per region

CAD in Million2022Weight2023Weight Delta
United States
67.7 %
-- 225 67.7 % -
Canada
32.3 %
243 100.0 % 107 32.3 % -55.90%

Managers

Managers TitleAgeSince
Chief Executive Officer 77 98-11-09
Director of Finance/CFO - 18-11-18
67 -
Corporate Officer/Principal - 04-12-31
General Counsel - 03-06-30

Members of the board

Members of the board TitleAgeSince
Director/Board Member 64 20-05-05
Chief Executive Officer 77 98-11-09
Director/Board Member 71 20-05-05
Director/Board Member 67 18-05-08
Director/Board Member - 14-05-13
Director/Board Member - 23-07-25

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 64,272,382 5,261,693 ( 8.187 %) 0 8.187 %

Shareholders

NameEquities%Valuation
41,977,862 65.31 % 166 M $
G2S2 Capital, Inc.
12.07 %
7,759,300 12.07 % 31 M $
Rai Sahi
3.417 %
2,196,427 3.417 % 9 M $
Scotia Managed Companies Administration, Inc.
0.8173 %
525,277 0.8173 % 2 M $
AEGON Investment Management BV
0.4144 %
266,327 0.4144 % 1 M $
Brompton Funds Ltd.
0.3716 %
238,803 0.3716 % 944 466 $
Manulife Investment Management Ltd.
0.1914 %
122,999 0.1914 % 486 461 $
Barclays Global Investors (Canada) Ltd.
0.1888 %
121,364 0.1888 % 479 995 $
Russell Investments Canada Ltd.
0.1284 %
82,523 0.1284 % 326 378 $
Bloom Investment Counsel, Inc.
0.1008 %
64,800 0.1008 % 256 284 $

Company contact information

Morguard Real Estate Investment Trust

55 City Centre Drive Suite 1000

L5B 1M3, Mississauga

+905 281 3800

http://www.morguard.com/investor-relations/morguard-reit
address Morguard Real Estate Investment Trust(MRT.UN)

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
3
Last Close Price
5.31 CAD
Average target price
5.5 CAD
Spread / Average Target
+3.58%
Consensus

Annual profits - Rate of surprise

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