Morguard

Morguard

Real Estate

Mississauga, ON 20,897 followers

Real Estate Potential. Realized.

About us

Morguard is a fully integrated real estate company. We own, manage, and invest in high quality, well-located, geographically diversified assets across North America. With more than 45 years of experience and a dynamic team of over 1200 professionals, we focus on value creation and operational excellence. Today, our total assets owned and under management is valued at $18.6 billion. Morguard operates three diversified lines of business: Investments in Real Property: Morguard owns and manages a diversified portfolio of multi-unit residential, retail, office and industrial, and hotel properties in North America. Real Estate Investment Trusts: Morguard is a significant sponsor of two real estate investment trusts (REITs): Morguard REIT (TSX: MRT.UN), a closed-end Trust with a diversified portfolio of Canadian commercial real estate assets; and Morguard North American Residential REIT (TSX: MRG.UN), an open-end Trust with a diversified portfolio of multi-unit residential assets across North America. Advisory and Management Services: Morguard provides real estate advisory services and portfolio management services, specializing in publicly traded equities and fixed-income securities, to institutional clients and private investors.

Website
http://www.morguard.com
Industry
Real Estate
Company size
1,001-5,000 employees
Headquarters
Mississauga, ON
Type
Public Company
Specialties
Investment Management, Asset Management, Property Management, and Development

Locations

Employees at Morguard

Updates

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    On September 30th, Morguard and its properties will observe the National Day for Truth and Reconciliation, a time to reflect on the enduring legacy of residential schools and honour the resilience of Survivors, their families, and communities. We encourage our employees and communities, to learn about the history and impacts of these schools. For more information and resources, please visit: https://nctr.ca/

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    We are pleased to share that amenity upgrades at Rice Howard Place in downtown Edmonton are now complete! Tenants can now enjoy a range of modernized features, designed for convenience, wellness, and productivity, including: A newly renovated conference centre with state-of-the-art equipment.  An upgraded fitness centre with cardio and weight training equipment.  A new tenant lounge on the mezzanine floor, providing a games area, a virtual golf simulator and a comfortable space for relaxation or informal meetings.  Secure bicycle parking and two levels of underground heated parking.    These enhancements reflect our ongoing commitment to creating exceptional spaces for our tenants. For inquiries, please contact Mike Verhoski – Director, Leasing at 780-424-1642. To learn more about Rice Howard Place, visit https://lnkd.in/gHv_B3zq  

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    Recently at Morguard, we wrapped up our 12th annual summer intern program, with interns contributing to a variety of departments, including HR, Sustainability, Finance and Accounting, Marketing, IT, and more. This year, our interns also had the chance to participate in team-building and educational activities, all while learning the ropes of their assigned departments. In addition to supporting our teams and enriching our talent pool, the program gave interns the opportunity to develop new skills, make valuable connections, and gain insights into how different areas of the business contribute to the organization's success. Want to hear more? Our interns are taking over Instagram! Follow us @morguardrealestate to see their experiences and journey firsthand: https://lnkd.in/g6mP8M4e

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    Our teams in the US had an incredible week at the 6th Annual Leadership Summit in sunny South Florida! With the theme “Who Do You Serve?”, this summit wasn’t just about crafting budgets but also about teamwork, collaboration, and inspiring growth across our communities. Big thanks to our guest speaker Lisa Walden, guests from Head Office: Assistant Vice President, National Programs and Director, Environmental, Social and Governance and everyone who made this event memorable.

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    We are excited to announce the launch of the heART Therapy Contest in partnership with Kids Help Phone! From August 19 to September 30, Canada’s youth are invited to showcase how they use art for self-care. Art submissions will be featured in the National heART Gallery on your local Morguard shopping centre’s CHECK-IN! website. Participants have a chance to win amazing prizes like shopping sprees and the latest iPhone 15 Pro. Join us in promoting mental health awareness and the therapeutic power of art. Learn more about the contest and upcoming wellness workshops: https://lnkd.in/g8JrthdK And click here to watch CTV News's segment at St. Laurent Centre: https://lnkd.in/gzSR7FMf

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    Today, Morguard released its 2024 Canadian Economic Outlook and Market Fundamentals Q2 Update, providing an in-depth analysis of the Canadian real estate market and the economy's performance. The multi-suite residential rental property market saw continued investor confidence during the second quarter of 2024, driven by the sector’s strong long-term fundamental and positive near-term rent growth outlooks. The commercial sector, particularly industrial property sales and retail leasing activity surged, driving overall investment property transaction volume. Looking ahead, further rate cuts by the Bank of Canada and easing inflation pressures are anticipated to boost investor confidence and reduce monetary policy restrictions. To read the full analysis on each sector and the Canadian economy, visit: https://lnkd.in/etB3ir8Q

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    OnePlanet is a socially responsible movement that spans across all Morguard shopping centres. We partnered with Canada Lions Eyeglass recycling Centre (CLERC) for eye-glass collection as well as Diabetes Canada, H&M and Big Brothers Big Sisters of Canada (BBBS ) of Ottawa and The Common Table for a textile drive initiative.  Thank you for your participation and donations and we look forward to the next set of activities happening during the Back-to-School season! 

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Funding

Morguard 3 total rounds

Last Round

Post IPO debt

US$ 175.0M

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