Morguard Real Estate Investment Trust (T:MRT.UN)
Business Focus: Retail REITs
Mixed as of May 01, 2023
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Latest 10 SEDI filings for MRT within the last 6 months
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Company News
May 15, 2023 11:00 ET
Morguard Real Estate Investment Trust Declares May 2023 Distribution of 2 Cents per Unit
MISSISSAUGA, ON, May 15, 2023 /CNW/ - Morguard Real Estate Investment Trust (the "Trust") (TSX: MRT.UN) today announced that it has declared a distribution of 2 cents per unit for the month of May 2023. The distribution will be payable on June 15, 2023 to unitholders of record as at May 31, 2023.
May 05, 2023 09:11 ET
Morguard Real Estate Investment Trust Announces Voting Results from the 2023 Annual Meeting of Unitholders
MISSISSAUGA, ON, May 5, 2023 /CNW/ - Morguard Real Estate Investment Trust ("the Trust") (TSX: MRT.UN) today announced the results of matters voted on at its annual unitholders' meeting held on May 3, 2023 (the "Meeting"), which included the election of trustees of the Trust, all of the nominees listed in its management information circular dated March 14, 2023. The voting results for each of the matters presented at the Meeting are presented below.
Valuation Ratios
Industry
Sector
Beta
--
--
--
Price to Sales - TTM
1.42
3.60
4.10
Price to Book - most recent quarter
0.34
1.04
1.12
Price to Cash Flow per share - TTM
--
15.72
10.38
Price to Free Cash Flow per share - TTM
5.71
23.62
24.27
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| May 15, 2023 | 1,740,568 | 50,468 |
| Apr 30, 2023 | 1,690,100 | -14,935 |
| Apr 15, 2023 | 1,705,035 | -24,473 |
Business Summary
| Sector: Real Estate | Industry: Commercial REITs |
Morguard Real Estate Investment Trust (the Trust) is a Canada-based closed-end real estate investment trust. The Trust operates through three segments: retail, office and industrial. The Trust's retail portfolio includes two categories of properties: enclosed full-scale, regional shopping centers that are dominant in their respective markets, and community strip centers that are primarily anchored by food retailers, discount department stores and banking institutions. The Trust's office portfolio is focused on properties in Canadian urban centers. The Trust's industrial portfolio has an interest in approximately four industrial properties located in Ontario. It owns a real estate portfolio of approximately 46 retail, office and industrial properties consisting of approximately 8.3 million square feet of gross leasable area located in the provinces of British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, and Quebec.
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