Equities

Morguard North American Residential Real Estate Investment Trust

Morguard North American Residential Real Estate Investment Trust

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Real EstateReal Estate Investment Trusts
  • Price (USD)11.94
  • Today's Change0.00 / 0.00%
  • Shares traded-1.00
  • 1 Year change--
  • Beta--
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About the company

Morguard North American Residential Real Estate Investment Trust (the REIT) is an open-ended real estate investment trust. The REIT owns, through a limited partnership, interests in Canadian residential apartment communities, located in Alberta and Ontario, and United States residential apartment communities located in Colorado, Texas, Louisiana, Illinois, Georgia, Florida, North Carolina, Virginia, and Maryland. The objectives of the REIT are to generate stable and growing cash distributions to Unitholders on a tax-efficient basis; to enhance the value of its portfolio and the long-term value of its units through active asset and property management; and to expand the REIT's asset base, primarily through acquisitions and property improvements. The REIT's multi-suite residential property portfolio consists of about 16 Canadian properties and 27 United States properties, having a total of approximately 13,089 residential suites and 239,500 square feet of commercial area.

  • Revenue in CAD (TTM)336.73m
  • Net income in CAD172.57m
  • Incorporated2012
  • Employees--
  • Location
    Morguard North American Residential Real Estate Investment Trust55 City Centre Drive, Suite 800MISSISSAUGA L5B 1M3CanadaCAN
  • Phone+1 (905) 281-3800
  • Fax+1 (905) 281-5890
  • Websitehttps://www.morguard.com/
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