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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.
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| | | Contact Information | |
Address: |
55 City Centre Dr., Ste. 1000
Mississauga, Ontario L5B 1M3, Canada
| | Phone: | 905-281-4800 | | Fax: | 905-281-4818 |
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| Financial
Highlights | | Fiscal Year End: | December | | Revenue (2007): | 193.90 M | | Revenue Growth (1 yr): | 28.30% | | Employees (2007): | 20 | | Employee Growth (1 yr): | 0.00% |
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Key People
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President, CEO and Trustee:
K. (Rai) Sahi
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VP and CFO:
Timothy J. (Tim) Walker
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