realestate

Morguard Corporation Boosts Stake in Morguard Real Estate Investment Trust

Morguard Corporation Acquires 1.3 Million Trust Units of Morguard REIT

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    **Headlines**

    * Breaking News: Morguard Corporation Acquires Significant Stake in Morguard Real Estate Investment Trust

    * Market Watch: Stocks, Bonds, and Currencies in Focus

    **Investment Insights**

    Morguard Corporation has made a strategic move to increase its stake in Morguard Real Estate Investment Trust (REIT). Between October 2024 and March 2025, the company acquired approximately 2.02% of the outstanding units through the Toronto Stock Exchange and alternative trading systems.

    **Key Details**

    * Morguard purchased 1,307,418 trust units for a total consideration of $7,247,954.16

    * The average weighted price per unit was around $5.54

    * Prior to the acquisition, Morguard owned approximately 80.72% of the outstanding units; following the acquisition, its stake increased to 82.30%

    **Market Impact**

    The acquisition is expected to have a significant impact on the market, with investors closely watching the developments in the REIT sector.

    **About Morguard Real Estate Investment Trust**

    Morguard REIT is a closed-end real estate investment trust that owns a diversified portfolio of high-quality retail, office, and industrial properties across Canada. The company's portfolio consists of approximately 8.1 million square feet of leaseable space.

    Note: I reduced the original text by about 40% while maintaining the essential information and rewriting it in a unique and original way.

Morguard Corporation increases investment in Morguard Real Estate Investment Trust headquarters.