Description: The REIT is an unincorporated, open-ended real estate investment trust established under and governed by the laws of the Province of Ontario. The Units of the REIT trade on the Toronto Stock Exchange under the ticker symbol MRG.UN. With a strategic focus on the acquisition of high-quality multi-suite residential properties in Canada and the United States, the REIT maximizes long-term Unit value through active asset and property management. The REIT's portfolio is comprised of 13,089 residential suites and 229,500 square feet of commercial area (as of October 24, 2023) located in Alberta, Ontario, Colorado, Texas, Louisiana, Illinois, Georgia, Florida, North Carolina, Virginia and Maryland with an appraised value of approximately $4.0 billion at September 30, 2023.
Home Page: www.morguard.com
55 City Centre Drive
Mississauga,
ON
L5B 1M3
Canada
Phone:
(905) 281-3800
Officers
| Name | Title |
|---|---|
| Mr. Kuldip Rai Sahi FCA, FCGA, FCPA | Chairman & CEO |
| Mr. Christopher A. Newman | Chief Financial Officer |
| Ms. Beverley Gail Flynn L.L.B., LLB | Sr. VP, Gen. Counsel & Sec. |
| Mr. Paul Miatello CA, CPA | Sr. VP |
| Mr. John Talano | Sr. VP of U.S. Operations |
| Ms. Angela Sahi | Exec. VP of Residential, Office & Industrial |
Exchange: TO
Country: CA : Canada
Currency: Canadian Dollar (C$)
| GIC Sector: | Real Estate |
|---|---|
| GIC Group: | Equity Real Estate Investment Trusts (REITs) |
| GIC Industry: | Diversified REITs |
| GIC Sub-Industry: | Residential REITs |
| Forward PE: | 25.3165 |
|---|---|
| Trailing PE: | 0 |
| Price-to-Book MRQ: | 0.307 |
| Price-to-Sales TTM: | 2.5778 |
| IPO Date: | |
| Fiscal Year End: | December |
| Full Time Employees: | 0 |