Morguard Real Estate Investment Trust · Mississauga, ON Canada ·(Toronto: MRT)
Company Description
Phone: +1-905-281-4800
Fax: +1-905-281-4818
Rankings
- TSX Smallcap
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This link will open in a new window Morguard checked its scorecard and declared retail king. The closed-end real estate investment trust (REIT) invests in commercial real estate throughout Canada, primarily retail properties including shopping malls and anchored shopping centers. It also invests in office and, to a far lesser extent, industrial real estate. Morguard manages a portfolio of real estate worth some C$1.2 billion (8 million sq. ft. of space). Retail properties account for more than half of its sales. Diversified real estate group Morguard Corporation owns 44% of the REIT; sister firm Morguard Investment provides facility management and leasing services. To read the full description, subscribe now.
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Key Morguard Real Estate Investment Trust Financials
| Company Type | Public - Toronto: MRT Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $165.2 |
| 2007 Employees | 20 |
Competition
Competitive Landscape for Morguard Real Estate Investment Trust
The health of the economy drives demand for REITs as investment vehicles. Profitability depends on the value of the properties in the portfolio, which in turn highly depends on real estate vacancy rates. Large companies have advantages in deal-making, and economies of scale in marketing, computer and infrastructure investment, and operations. Smaller companies can compete by specializing not only in real estate type, but by geography, though geographic focus can increase risks. To read the full description, subscribe now.Top Morguard Real Estate Investment Trust Competitors
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