Morguard Real Estate Investment Trust

Morguard Real Estate Investment Trust

Morguard Real Estate Investment Trust

Overview
Date Founded

1997

Headquarters

55 City Centre Drive, Suite 1000, Mississauga, ON, L5B 1M3, CAN

Type of Company

Public

Employees (Worldwide)

10

Industries

Real Estate
Real Estate Investment Trusts

Company Description

Morguard is an expert in North American real estate ownership, investment and management. With a strategic focus on high-quality assets and diversification, Morguard has a proven track record of realizing the potential of real estate through consistent investment performance. Morguard has grown dramatically to become one of North America’s leading fully integrated real estate organizations, with more than 1,400 dedicated employees and more than $13 Billion in Assets Under Management. Morguard is a publicly traded company, that manages its own real estate portfolio, as well as invests and manages on behalf of third-party institutional and private real estate investors. Our diversified portfolio is comprised of approximately 53 Million square feet of high-quality commercial properties, and more than 14,000 multi-unit residential suites. Morguard has created an efficient and broad platform in North America through growth in ownership, management and investment. Our Assets Under Management have grown almost three-fold over the last decade to $13 Billion. Investment, acquisitions and development are driving growth across office, industrial, retail and multi-unit residential asset classes.

Executives & Employees

President & Chief Executive Officer

Chief Financial Officer

Vice President, General Counsel & Secretary, General Counsel & Secretary of Morguard Corporation

Vice President, Chief Financial Officer of Morguard North American Residential REIT

Vice President, Chief Financial Officer of Morguard Corporation

Director-Asset Management

Board of Directors

Former Chief Financial Officer at SmartCentres Real Estate Investment Trust

Former Senior Vice President & Head, Real Estate Investments at Canada Pension Plan Investment Board

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Owners & Shareholders
Details Hidden

Scotia Managed Companies Administration structures and manages investment products that help provide exceptional return opportunities to investors and offers a range of different investment products. Some of these products provide low cost diversification, while others provide leveraged participation in individual companies or portfolios of companies.

Details Hidden

Scotia Managed Companies Administration structures and manages investment products that help provide exceptional return opportunities to investors and offers a range of different investment products. Some of these products provide low cost diversification, while others provide leveraged participation in individual companies or portfolios of companies.

Key Stats and Financials As of 2017
Market Capitalization
$797M
Total Enterprise Value
$2.31B
Earnings Per Share
$1.11
Revenue
$279M
Net Profit
$67.3M
EBITDA
$153M
EBITDAMargin
54.71%
Total Debt
$1.3B
Total Equity
$1.56B
Enterprise Value Sales
8.27x
Enterprise Value EBITDAOperating
15.12x
TEVNet Income
34.25x
Debt TEV
0.57x
Three Year Compounded Annual Growth Rate Of Revenue
-2.25%
Five Year Compounded Annual Growth Rate Of Revenue
1.97%
Non-Profit Donations & Grants
Suppliers
Morguard Corp. Real Estate | Mississauga, ON

As experts in North American real estate ownership, investment and management, Morguard is a proven vehicle for realizing the full potential of real estate. Morguard has grown dramatically to become one of Canada's leading fully integrated real estate organizations, with more than 1,400 dedicated employees and more than $12 Billion in Assets Under Management. Morguard is a publicly traded company, that manages its own real estate portfolio, as well as invests and manages on behalf of third-party institutional and private real estate investors. Our diversified portfolio comprises more than 54 million square feet of high-quality commercial properties, and more than 12,600 multi-unit residential suites. Today we have three primary businesses: Investments in real property. Morguard owns on its own behalf a diversified portfolio of retail, multi-unit residential, office and industrial properties located in major cities across Canada and the United States. Real Estate Investment Trusts. Morguard is the major shareholder in two Real Estate Investment Trusts (REITs). Morguard REIT is a publicly traded, closed-ended trust that allows individual investors to participate in a high-quality portfolio of commercial real estate properties across Canada. The newly launched Morguard North American Residential REIT is a publicly traded, open-ended trust that has a portfolio of residential real estate assets in both Canada and the United States. Real Estate Investment Services. Morguard serves major institutional clients and private investors with a full range of real estate advisory and management services. We offer a broad range of flexible, proven investment vehicles and optimize the performance of the entire portfolio through acquisition and development, asset management and property management. Morguard was a pioneer in introducing real estate as an asset class to Canadian institutional investors and has generated consistently strong returns for more than 37 years. To discover the full range of Morguard's capabilities in this arena visit Investment Services. And to review the strong results we generate for our clients, visit Performance. Morguard also provides portfolio management services, specializing in publicly traded real estate securities, through Morguard Financial Corporation. For Morguard, diversification is a key strategy – and strength. Our owned and managed portfolio spans both Canada and the United States. It includes $4.7 billion in retail properties, $3.3 billion in office properties, $1.7 billion in industrial properties, and $1.5 billion in multi-unit residential properties