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 (CAD)18.88
  • Today's Change0.13 / 0.69%
  • Shares traded16.19k
  • 1 Year change+22.28%
  • Beta1.1990
Data delayed at least 15 minutes, as of Oct 18 2024 21:00 BST.
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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 U.S. 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)339.16m
  • Net income in CAD139.66m
  • Incorporated2012
  • Employees--
  • Location
    Morguard North American Residential Real Estate Investment Trust55 City Centre Drive, Suite 1000MISSISSAUGA L5B 1M3CanadaCAN
  • Phone+1 (905) 281-3800
  • Fax+1 (905) 281-5890
  • Websitehttps://www.morguard.com/
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Institutional shareholders

4.59%Per cent of shares held by top holders
HolderShares% Held
CI Investments, Inc.as of 30 Jun 2024818.50k2.22%
Dimensional Fund Advisors LPas of 03 Oct 2024289.65k0.79%
AllianceBernstein Ltd.as of 30 Jun 2024197.90k0.54%
Waratah Capital Advisors Ltd.as of 31 Dec 2023146.75k0.40%
The Vanguard Group, Inc.as of 31 Aug 202475.12k0.20%
Bessemer Investment Management LLCas of 31 Jul 202466.47k0.18%
Asset Management One Co., Ltd.as of 11 Jul 202326.49k0.07%
SSgA Funds Management, Inc.as of 03 Oct 202425.45k0.07%
Nomura Asset Management Co., Ltd.as of 30 Sep 202422.12k0.06%
BlackRock Fund Advisorsas of 03 Oct 202422.08k0.06%
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Data from 30 Jun 2024 - 09 Oct 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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