Sign In

 

 

Morguard and William Osler Health System Celebrate the Topping Off of the Ancillary Services Building at Etobicoke General HospitalGP0|#f6ee19df-6c3a-4081-bd74-668207df6964;L0|#0f6ee19df-6c3a-4081-bd74-668207df6964|Morguard;GTSet|#bbd2a0ca-f457-44e3-b106-3c8139b9e1faGP0|#14ddfd02-772e-4184-813f-3edbb2e94651;L0|#014ddfd02-772e-4184-813f-3edbb2e94651|Morguard Corporation;GTSet|#08f799fb-3b4e-446d-9e79-1b6ddfdd40a2;GP0|#50f77e71-a149-46fd-90c2-9f738ea9df00;L0|#050f77e71-a149-46fd-90c2-9f738ea9df00|Real Estate Investment;GP0|#2dc001c9-ed6e-4be1-b43c-a60a1ac63b06;L0|#02dc001c9-ed6e-4be1-b43c-a60a1ac63b06|LEED Development2017-06-27T04:00:00Z<font color="#000000" face="Times New Roman" size="3"> </font><p>Morguard Corporation ("Morguard") (TSX: MRC) and William Osler Health System celebrated a major milestone with the topping off of the Ancillary Services Building ("ASB") at Etobicoke General Hospital ("EGH").</p><font color="#000000" face="Times New Roman" size="3"> </font><p>In 2016, the Morguard-led EGH Health Partners consortium was awarded the mandate to design, build, finance and maintain the $56 million medical office building through an alternative financing arrangement. The six-storey, 156,000 square foot Class A building is targeting LEED® (Leadership in Energy and Environmental Design) Gold certification.</p><font color="#000000" face="Times New Roman" size="3"> </font><p>"Morguard has the flexibility to provide alternative financing options that offer innovative and accessible means for the public sector to modernize and replace aging infrastructure," said K. Rai Sahi, Chairman and CEO, Morguard Corporation. "We are pleased to join our partners to celebrate a milestone in the development of this modern facility that will provide world-class medical care in this community."</p><font color="#000000" face="Times New Roman" size="3"> </font><p>The development of the medical office building is a key component in the expansion and transformation currently underway at EGH. It replaces the existing building, providing more than twice the square footage to meet the hospital's growing needs and provides additional value with connection to the newly constructed EGH patient tower through a covered pedway on the second storey.</p><font color="#000000" face="Times New Roman" size="3"> </font><p>The medical office building was designed to William Osler Health System's specifications and will be home to physicians' offices, classrooms and outpatient programs and services including a fracture clinic, diagnostic imaging and a satellite dialysis program.</p><font color="#000000" face="Times New Roman" size="3"> </font><p>"This marks a significant milestone in the revitalization journey at EGH," said Ann Ford, Vice President Facilities, Redevelopment and Information Technology at William Osler Health System. "With the support of our partners, we are excited about the tremendous progress we are making in transforming this site, which will help increase access to the health care services most needed by patients and families in the community." </p><font color="#000000" face="Times New Roman" size="3"> </font><p>The project is a hybrid infrastructure/commercial real estate alternative financing arrangement between the Morguard-led consortium and William Osler Health System. Under the terms of the partnership, Morguard will develop, own and operate the building for a 40-year term, with 100% of the space leased to William Osler Health System for the duration. </p><font color="#000000" face="Times New Roman" size="3"> </font><p>The Morguard-led consortium includes:</p><font color="#000000" face="Times New Roman" size="3"> </font><ul><font color="#000000" face="Times New Roman" size="3"> </font><li><p>Developer, Financial Advisor/Arranger and Facilities Manager: Morguard Investments Limited </p></li><font color="#000000" face="Times New Roman" size="3"> </font><li><p>Constructor: Bird Construction </p></li><font color="#000000" face="Times New Roman" size="3"> </font><li><p>Architect: ARK Inc. </p></li><font color="#000000" face="Times New Roman" size="3"> </font><li><p>Legal: Fasken Martineau </p></li><font color="#000000" face="Times New Roman" size="3"> </font><li><p>Construction Financing: RBC Capital Markets </p></li><font color="#000000" face="Times New Roman" size="3"> </font><li><p>Long-term Financing: RBC Insurance</p></li><font color="#000000" face="Times New Roman" size="3"> </font></ul><font color="#000000" face="Times New Roman" size="3"> </font><p>Morguard was joined by executives from William Osler Health System for a topping off ceremony, a key milestone in the development process. The ceremony signifies that construction of the building has reached the top floor and symbolizes months of collaboration between Morguard and its partners. Construction is on schedule to be substantially complete by late 2017.</p><font color="#000000" face="Times New Roman" size="3"> </font><p><strong>About Morguard </strong><br> Morguard Corporation is a major North American real estate company.  It has extensive retail, office, industrial, multi–suite residential, and hotel holdings owned directly, or through its investment in Morguard REIT (TSX: MRT.UN), Morguard North American Residential REIT (TSX: MRG.UN) and Temple Hotels Inc. (TSX:TPH). Morguard also provides real estate management services to institutional and other investors. Morguard's combined real estate portfolio is valued at $15.9 billion. Visit <a href="/" target="_blank">www.morguard.com</a>.</p><font color="#000000" face="Times New Roman" size="3"> </font><p><strong>About Morguard Investments Limited</strong><br> Morguard Investments Limited is a real estate management company that provides strategic advisory services to institutional clients who are seeking a significant contribution to their real estate portfolio. Backed by 40 years of proven performance, MIL has strong investment and management capabilities in multiple asset classes across retail, office, industrial and multi-suite residential. The company manages approximately 45 million square feet of commercial space in Canada.</p><font color="#000000" face="Times New Roman" size="3"> </font><p><strong>About William Osler Health System</strong><br> William Osler Health System is a hospital system that serves 1.3 million residents of Brampton, Etobicoke, and surrounding communities within the Central West Local Health Integration Network. Osler's emergency departments are among the busiest in Canada and its labour and delivery program is one of the largest in the province. William Osler Health System Foundation builds and fosters relationships in order to raise funds to support William Osler Health System's capital, education and research priorities at Brampton Civic Hospital, Etobicoke General Hospital and the new Peel Memorial Centre for Integrated Health & Wellness. Visit <a href="http://www.williamoslerhs.ca/" target="_blank">www.williamoslerhs.ca</a>.</p><font color="#000000" face="Times New Roman" size="3"> </font><font color="#000000" face="Times New Roman" size="3"> </font><p><img src="https://rt.newswire.ca/rt.gif?NewsItemId=C4552&Transmission_Id=201706271411CANADANWCANADAPR_C4552&DateId=20170627" border="0" alt="" style="border-width:0px;margin:5px;width:1px;" /></p><font color="#000000" face="Times New Roman" size="3"> </font><p>For further information: K. Rai Sahi, Chairman and Chief Executive Officer, 905-281-3800; Margaret Knowles, Senior Vice President, Development at Morguard Investments Limited, 905-281-5817</p><p><br></p><font color="#000000" face="Times New Roman" size="3"> </font>https://www.morguard.com/news-knowledge/posts/egh-toppingoff-ceremony
Redevelopment Envisioned for Morguard’s North Shore Square in LouisianaGP0|#f6ee19df-6c3a-4081-bd74-668207df6964;L0|#0f6ee19df-6c3a-4081-bd74-668207df6964|Morguard;GTSet|#bbd2a0ca-f457-44e3-b106-3c8139b9e1faGP0|#14ddfd02-772e-4184-813f-3edbb2e94651;L0|#014ddfd02-772e-4184-813f-3edbb2e94651|Morguard Corporation;GTSet|#08f799fb-3b4e-446d-9e79-1b6ddfdd40a2;GP0|#3e31cf64-7302-4306-b3fd-abaa24a28863;L0|#03e31cf64-7302-4306-b3fd-abaa24a28863|Property Management;GP0|#50f77e71-a149-46fd-90c2-9f738ea9df00;L0|#050f77e71-a149-46fd-90c2-9f738ea9df00|Real Estate Investment2017-06-21T04:00:00Z<p>​Morguard-owned North Shore Square mall in Slidell, Louisiana, envisions a redevelopment plan that would convert the mall into an outdoor shopping and living development. Details are fluid, but the redeveloped site will likely include a mix of retail, residential and office space, said John Talano, a vice president for Morguard Management Co.    </p><p>Read the full article on <a href="http://www.nola.com/northshore/index.ssf/2017/06/slidell_mall_owners_hope_to_re.html">nola.com</a>.</p><p>         <a href="http://www.nola.com/northshore/index.ssf/2017/06/slidell_mall_owners_hope_to_re.html" target="_blank"></a></p>https://www.morguard.com/news-knowledge/posts/north-shore-square-redevelopment
Morguard North American Residential REIT Declares June 2017 Distribution of $0.05333 per UnitGP0|#f6ee19df-6c3a-4081-bd74-668207df6964;L0|#0f6ee19df-6c3a-4081-bd74-668207df6964|Morguard;GTSet|#bbd2a0ca-f457-44e3-b106-3c8139b9e1faGP0|#a9eac8ae-d456-40d5-af28-dc36ae543995;L0|#0a9eac8ae-d456-40d5-af28-dc36ae543995|Morguard North American Residential REIT;GTSet|#08f799fb-3b4e-446d-9e79-1b6ddfdd40a2;GP0|#50f77e71-a149-46fd-90c2-9f738ea9df00;L0|#050f77e71-a149-46fd-90c2-9f738ea9df00|Real Estate Investment2017-06-15T04:00:00Z<font color="#000000" face="Times New Roman" size="3"> </font><p>Morguard North American Residential Real Estate Investment Trust (the "REIT") (TSX: MRG.UN) today announced that it has declared a distribution of $0.05333 per unit for the month of June 2017.  The distribution will be payable on July 14, 2017 to unitholders of record as at June 30, 2017.</p><font color="#000000" face="Times New Roman" size="3"> </font><p><strong>About Morguard North American Residential REIT</strong></p><font color="#000000" face="Times New Roman" size="3"> </font><p>The REIT is an unincorporated, open-ended real estate investment trust which owns, through a limited partnership, interests in a portfolio of 15 Canadian residential apartment communities, located in Alberta and Ontario, and 31 U.S. low-rise and mid-rise, garden-style apartment communities located in Alabama, Colorado, Florida, Georgia, Louisiana, North Carolina and Texas consisting of more than 13,000 residential suites.</p><font color="#000000" face="Times New Roman" size="3"> </font><p>For more information, please visit <a href="/" target="_blank">Morguard.com</a>.</p><font color="#000000" face="Times New Roman" size="3"> </font><font color="#000000" face="Times New Roman" size="3"> </font><p><img src="https://rt.newswire.ca/rt.gif?NewsItemId=C4173&Transmission_Id=201706151000CANADANWCANADAPR_C4173&DateId=20170615" border="0" alt="" style="border-width:0px;margin:5px;width:1px;" /></p><font color="#000000" face="Times New Roman" size="3"> </font><p>For further information: Morguard North American Residential REIT: K. Rai Sahi, Chief Executive Officer, T 905-281-3800; Robert D. Wright, Chief Financial Officer, T 905-281-3800</p><p><span style="font-family:"arial",sans-serif;"><font color="#000000" size="3"></font></span><br></p><font color="#000000" face="Times New Roman" size="3"> </font>https://www.morguard.com/news-knowledge/posts/morguard-narreit-jun2017-distribution
Morguard Real Estate Investment Trust Declares June 2017 Distribution of 8 Cents per UnitGP0|#f6ee19df-6c3a-4081-bd74-668207df6964;L0|#0f6ee19df-6c3a-4081-bd74-668207df6964|Morguard;GTSet|#bbd2a0ca-f457-44e3-b106-3c8139b9e1faGP0|#ca7174ac-6e4b-4ce1-b570-12f3c9be8efe;L0|#0ca7174ac-6e4b-4ce1-b570-12f3c9be8efe|Morguard REIT;GTSet|#08f799fb-3b4e-446d-9e79-1b6ddfdd40a2;GP0|#50f77e71-a149-46fd-90c2-9f738ea9df00;L0|#050f77e71-a149-46fd-90c2-9f738ea9df00|Real Estate Investment2017-06-15T04:00:00Z<font color="#000000" face="Times New Roman" size="3"> </font><p>Morguard Real Estate Investment Trust (the "Trust") (TSX: MRT.UN) today announced that it has declared a distribution of 8 cents per unit for the month of June 2017. The distribution will be payable on July 14, 2017 to unitholders of record as at June 30, 2017.</p><font color="#000000" face="Times New Roman" size="3"> </font><p>About Morguard Real Estate Investment Trust</p><font color="#000000" face="Times New Roman" size="3"> </font><p>The Trust is a closed-end real estate investment trust, which owns a diversified portfolio of 49 high quality retail, office and industrial income producing properties in Canada consisting of approximately 8.7 million square feet of leaseable space.</p><font color="#000000" face="Times New Roman" size="3"> </font><p>For more information, please visit <a href="/" target="_blank">Morguard.com</a>.</p><font color="#000000" face="Times New Roman" size="3"> </font><font color="#000000" face="Times New Roman" size="3"> </font><p><img src="https://rt.newswire.ca/rt.gif?NewsItemId=C8601&Transmission_Id=201706151100CANADANWCANADAPR_C8601&DateId=20170615" border="0" alt="" style="border-width:0px;margin:5px;width:1px;" /></p><font color="#000000" face="Times New Roman" size="3"> </font><p>For further information: Morguard Real Estate Investment Trust: K. Rai Sahi, President and Chief Executive Officer, T 905-281-4800; Pamela McLean, Vice President and Chief Financial Officer, T 905-281-4800</p><p></p><font color="#000000" face="Times New Roman" size="3"> </font>https://www.morguard.com/news-knowledge/posts/morguard-reit-jun2017-distribution
Morguard Adds Three HOOPP LEAP Awards to its Collection for Outstanding Sustainability PerformanceGP0|#f6ee19df-6c3a-4081-bd74-668207df6964;L0|#0f6ee19df-6c3a-4081-bd74-668207df6964|Morguard;GTSet|#bbd2a0ca-f457-44e3-b106-3c8139b9e1faGP0|#14ddfd02-772e-4184-813f-3edbb2e94651;L0|#014ddfd02-772e-4184-813f-3edbb2e94651|Morguard Corporation;GTSet|#08f799fb-3b4e-446d-9e79-1b6ddfdd40a2;GP0|#50f77e71-a149-46fd-90c2-9f738ea9df00;L0|#050f77e71-a149-46fd-90c2-9f738ea9df00|Real Estate Investment;GP0|#3e31cf64-7302-4306-b3fd-abaa24a28863;L0|#03e31cf64-7302-4306-b3fd-abaa24a28863|Property Management2017-06-09T04:00:00Z<p>Today, Morguard was recognized with three Leadership in Environmental Advancement Program (LEAP) Awards from Healthcare of Ontario Pension Plan (HOOPP). Morguard's 2017 awards exemplify a core operational focus on sustainability and dedication to best practices, which includes effective collaboration among building management teams and tenants. </p><p>Adding three new LEAP Awards to its collection in 2017, Morguard has consistently achieved recognition from HOOPP, including 12 LEAP Awards across eight categories since the program's inception in 2012. Morguard's continued acknowledgement for leadership in energy conservation underscores the company's ongoing commitment to Responsible Property Investing as a best practice in the real estate industry.</p><p>"Sustainability is embedded in Morguard's culture and daily operational practices," said K. Rai Sahi, Chairman and CEO, Morguard Corporation. "The HOOPP Awards recognize the valuable partnerships we have built with our investors, clients, tenants and employees to further sustainability initiatives across Canada. This is an opportunity for us and our key stakeholders to reaffirm our shared vision and commitment to achieving positive environmental and community change together." </p><p>"As a major investor with $12 billion in real estate assets and partnerships with companies across Canada and globally, HOOPP's sustainability influence extends beyond just the buildings we own. HOOPP engages all of our partner companies in efforts to reduce the environmental impact of buildings, through initiatives like the LEAP Conference and Awards," said Stephen Taylor, Vice President, HOOPP Real Estate.</p><p>Morguard was recognized by HOOPP for excellence in the following categories: </p><p><strong><br>Tenant Leader – Retail Award<br></strong><strong>New Sudbury Centre, Sudbury, Ontario</strong></p><p>Morguard received the <em>Tenant Leader: Retail Award</em> for the collaboration between New Sudbury Centre, the largest shopping mall in Northern Ontario, and one of its major tenants, Walmart. The HOOPP LEAP team highlighted the remarkable collaboration between Morguard and Walmart to promote energy efficiency and their commitment to sharing valuable information with other tenants in order to improve sustainability outcomes in the community. </p><p>Walmart completed a large scale retrofit of retail area lighting, replacing over 8,750 bulbs with a compatible LED substitute, while the New Sudbury Centre replaced over 325 bulbs in its service and loading dock areas. The centre's efforts in retrofitting will result in a total savings of over 98,000kWh per year for Walmart alone. New Sudbury Centre plans to drive even further energy savings by implementing this initiative in other tenant locations. See our case study on <a href="/"><span style="text-decoration:underline;">www.morguard.com</span></a>.</p><p><strong><br>Sustainability Innovation – Technology Award<br></strong><strong>Coquitlam Centre, Vancouver, British Columbia</strong></p><p>Morguard received the <em>Sustainability Innovator: Technology Award</em>.  This Award recognized the strong sustainability impact of the centre's Heat Recovery Chiller System (HRC), its replicability and short payback period.  The HRC may become this region's best tool in cutting greenhouse gas (GHGs) in the building sector. The Coquitlam Centre's heat recovery project resulted in a 70% reduction in annual gas consumption, 4% reduction in electricity, and 35% reduction in annual GHGs. The centre is also saving water due to decreased cooling tower use. These are significant results with remarkable impacts given the relatively small capital investment required.</p><p>2017 is the third consecutive year that Coquitlam Centre has received recognition for Sustainability Innovation. Prior to this year's Technology Award, Coquitlam Centre won the Sustainability Innovator Award in 2015, the Stakeholder Engagement Award in 2016.</p><p><strong><br>Sustainability Champion Award<br></strong><strong>Ottawa Property Management Team</strong></p><p>Morguard's Ottawa Property Management team was the recipient of the <em>Sustainability Champion Award</em>. The team was recognized for their dedication to improving the sustainability performance of Morguard properties, particularly related to organics recycling. The Award highlights the relevant achievements from Esther McConaghy, who has been supporting the sustainability initiatives at the HOOPP Morguard managed office and industrial properties in Ottawa for nine years.</p><p>The Ottawa team's efforts In terms of waste diversion resulted in all building occupants agreeing to the implementation of full organics recycling programs, which in 2016 led to a total of 1,200 metric tonnes of organic waste being diverted from landfill at the HOOPP properties. The success of the program also relied on supporting tenants and staff with education and tools. See our case study on <a href="/"><span style="text-decoration:underline;">www.morguard.com</span></a>.</p><p> </p><p><strong>About Morguard </strong></p><p>Morguard Corporation is a major North American real estate company.  It has extensive retail, office, industrial, multi–suite residential, and hotel holdings owned directly, or through its investment in Morguard REIT (TSX: MRT.UN), Morguard North American Residential REIT (TSX: MRG.UN) and Temple Hotels Inc. (TSX:TPH). Morguard also provides real estate management services to institutional and other investors. Morguard's combined real estate portfolio is valued at $15.9 billion. Visit <a href="/"><span style="text-decoration:underline;">www.morguard.com</span></a>.</p><p>To download Morguard's 2016 Sustainability Highlights Report or the full Sustainability Report, visit <a href="/"><span lang="EN-US" style="text-decoration:underline;">www.morguard.com</span></a>.</p><p> </p><p>For further information: K. Rai Sahi, Chairman and Chief Executive Officer, T 905-281-3800; Beverley G. Flynn, Vice President and General Counsel, T 905-281-3800; Neil Pegram, National Manager, Corporate Sustainability & Responsibility, T 604-681-9474, <a href="mailto:sustainability@morguard.com">sustainability@morguard.com</a>.</p><p></p>https://www.morguard.com/news-knowledge/posts/2017-hoopp-leap-awards
World Environment Day 2017GP0|#f6ee19df-6c3a-4081-bd74-668207df6964;L0|#0f6ee19df-6c3a-4081-bd74-668207df6964|Morguard;GTSet|#bbd2a0ca-f457-44e3-b106-3c8139b9e1faGP0|#14ddfd02-772e-4184-813f-3edbb2e94651;L0|#014ddfd02-772e-4184-813f-3edbb2e94651|Morguard Corporation;GTSet|#08f799fb-3b4e-446d-9e79-1b6ddfdd40a2;GP0|#50f77e71-a149-46fd-90c2-9f738ea9df00;L0|#050f77e71-a149-46fd-90c2-9f738ea9df00|Real Estate Investment;GP0|#3e31cf64-7302-4306-b3fd-abaa24a28863;L0|#03e31cf64-7302-4306-b3fd-abaa24a28863|Property Management2017-06-05T04:00:00Z<p>World Environment Day is organized by the <a href="http://www.unep.org/">United Nations</a> to encourage worldwide awareness and action for the protection of our environment. </p><p>In real estate, commitment to the protection of the environment is most notably demonstrated by a company’s Sustainability practices in both development and property management. Sustainability has evolved from being simply a duty to being a competitive advantage - tenants are attracted to LEED-certified buildings, and committing to green energy helps attain LEED certification and drive tenant satisfaction.</p> <font color="#000000" face="Times New Roman" size="3"> </font> <p>Sustainability at Morguard is reflected in our approach to Responsible Property Investment (RPI) - a best practice in the Canadian real estate industry. Incorporating environmental, social and governance (ESG) indicators into property business and capital plans provides investors with critical insights and allows Morguard to manage and operate efficient buildings. With a direct correlation between RPI and investment performance, this process results in value creation and operational excellence.</p><p>In 2016, Morguard continued to work with programs that support renewable energy production, partnering with Bullfrog Power to purchase renewable energy credits, particularly for our four LEED New Developments. As well, green electricity was purchased from Bullfrog Power for the following five properties for their LEED requirements (35%):</p><ul style="list-style-type:disc;"><li>Uptown Building 13 – Victoria, BC</li><li>11th Avenue Place – Calgary, AB</li><li>Translink Logistics Centre – Regina, SK</li><li>2240 Argentia Road – Mississauga, ON</li><li>Performance Court – Ottawa, ON</li></ul><p>Morguard is a proud supporter of renewable energy in Canada, and our partnership with Bullfrog Power has allowed us to meet our sustainability goals by reducing the footprint of some of our LEED-certified buildings, while also supporting community-based green energy projects across the country.</p><p>To download Morguard’s 2016 Sustainability Report or Highlights, visit <a href="/_layouts/15/FIXUPREDIRECT.ASPX?WebId=34df4250-cd2c-4a77-ac2f-305ac61b278e&TermSetId=5078c29a-2b54-4c64-bee4-5ba49b00096c&TermId=6bd0d196-a159-42ea-936e-5b43d9973e0a">Morguard.com</a></p><p>Please watch the following video to see some of the results achieved by Bullfrog Power and its partners.</p><div class="ms-rtestate-read ms-rte-wpbox"><div class="ms-rtestate-notify ms-rtestate-read f69bb92e-89f9-415d-be6a-f8b9d40b9a11" id="div_f69bb92e-89f9-415d-be6a-f8b9d40b9a11" unselectable="on"></div><div id="vid_f69bb92e-89f9-415d-be6a-f8b9d40b9a11" unselectable="on" style="display:none;"></div></div><br>https://www.morguard.com/news-knowledge/posts/worldenvironmentday2017
Morguard North American Residential REIT Declares May 2017 Distribution of $0.05333 per UnitGP0|#f6ee19df-6c3a-4081-bd74-668207df6964;L0|#0f6ee19df-6c3a-4081-bd74-668207df6964|Morguard;GTSet|#bbd2a0ca-f457-44e3-b106-3c8139b9e1faGP0|#a9eac8ae-d456-40d5-af28-dc36ae543995;L0|#0a9eac8ae-d456-40d5-af28-dc36ae543995|Morguard North American Residential REIT;GTSet|#08f799fb-3b4e-446d-9e79-1b6ddfdd40a2;GP0|#50f77e71-a149-46fd-90c2-9f738ea9df00;L0|#050f77e71-a149-46fd-90c2-9f738ea9df00|Real Estate Investment2017-05-15T04:00:00Z<p>Morguard North American Residential Real Estate Investment Trust (the "REIT") (TSX: MRG.UN) today announced that it has declared a distribution of $0.05333 per unit for the month of May 2017. The distribution will be payable on June 15, 2017 to unitholders of record as at May 31, 2017.</p><p><strong>About Morguard North American Residential REIT</strong></p><p>The REIT is an unincorporated, open-ended real estate investment trust which owns, through a limited partnership, interests in a portfolio of 15 Canadian residential apartment communities, located in Alberta and Ontario, and 31 U.S. low-rise and mid-rise, garden-style apartment communities located in Alabama, Colorado, Florida, Georgia, Louisiana, North Carolina and Texas consisting of more than 13,000 residential suites.<br></p><p>For more information, please visit <a href="/">Morguard.com</a>.</p> <br> <br> <p>For further information: Morguard North American Residential REIT, K. Rai Sahi, Chief Executive Officer, T 905-281-3800; Robert D. Wright, Chief Financial Officer, T 905-281-3800</p><br>https://www.morguard.com/news-knowledge/posts/morguard-narreit-may2017-distribution
Morguard Real Estate Investment Trust Declares May 2017 Distribution of 8 Cents per UnitGP0|#f6ee19df-6c3a-4081-bd74-668207df6964;L0|#0f6ee19df-6c3a-4081-bd74-668207df6964|Morguard;GTSet|#bbd2a0ca-f457-44e3-b106-3c8139b9e1faGP0|#ca7174ac-6e4b-4ce1-b570-12f3c9be8efe;L0|#0ca7174ac-6e4b-4ce1-b570-12f3c9be8efe|Morguard REIT;GTSet|#08f799fb-3b4e-446d-9e79-1b6ddfdd40a2;GP0|#50f77e71-a149-46fd-90c2-9f738ea9df00;L0|#050f77e71-a149-46fd-90c2-9f738ea9df00|Real Estate Investment;GP0|#bd7469b1-257f-4f35-b0a8-a9435a6a7cf6;L0|#0bd7469b1-257f-4f35-b0a8-a9435a6a7cf6|Real Estate Investment Trust2017-05-15T04:00:00Z<p>Morguard Real Estate Investment Trust (the "Trust") (TSX: MRT.UN) today announced that it has declared a distribution of 8 cents per unit for the month of May 2017. The distribution will be payable on June 15, 2017 to unitholders of record as at May 31, 2017.</p><p><strong>About Morguard Real Estate Investment Trust</strong></p><p>The Trust is a closed-end real estate investment trust, which owns a diversified portfolio of 49 high quality retail, office and industrial income producing properties in Canada consisting of approximately 8.7 million square feet of leaseable space.</p><p>For more information, please visit <a href="/">Morguard.com</a>.<br></p><p><br></p><p>For further information: Morguard Real Estate Investment Trust: K. Rai Sahi, President and Chief Executive Officer, T 905-281-4800; Beverley G. Flynn, Vice President, General Counsel & Secretary, T 905-281-4800</p><br><br>https://www.morguard.com/news-knowledge/posts/morguard-reit-may2017-distribution
Morguard North American Residential Real Estate Investment Trust Announces Voting Results from the 2017 Annual Meeting of UnitholdersGP0|#f6ee19df-6c3a-4081-bd74-668207df6964;L0|#0f6ee19df-6c3a-4081-bd74-668207df6964|Morguard;GTSet|#bbd2a0ca-f457-44e3-b106-3c8139b9e1faGP0|#a9eac8ae-d456-40d5-af28-dc36ae543995;L0|#0a9eac8ae-d456-40d5-af28-dc36ae543995|Morguard North American Residential REIT;GTSet|#08f799fb-3b4e-446d-9e79-1b6ddfdd40a2;GP0|#50f77e71-a149-46fd-90c2-9f738ea9df00;L0|#050f77e71-a149-46fd-90c2-9f738ea9df00|Real Estate Investment2017-05-12T04:00:00Z<p>Morguard North American Residential Real Estate Investment Trust ("the Trust") (TSX: MRG.UN) today announced the results of matters voted on at its annual unitholders' meeting held on May 10, 2017 (the "Meeting"), which included the election of trustees of the Trust, all of the nominees listed in its management information circular dated March 21, 2017.  The voting results for each of the matters presented at the Meeting are presented below.</p><p>The total number of units and special voting units represented by holders present in person or by proxy at the meeting was 30,965,584 representing 60.85% of the Trust's total outstanding units and special voting units.</p><p><strong>1.  Election of Trustees</strong></p><p>The seven (7) nominees proposed by management were elected as trustees of the Trust to hold office until the termination of the next annual meeting of unitholders or until their successors are duly elected or appointed, subject to the provisions of the Trust's Declaration of Trust. Proxies were received on this matter for units and special voting units of the Trust as follows:</p><table width="100%" class="ms-rteTable-0" cellspacing="0"><tbody><tr class="ms-rteTableEvenRow-0"><td class="ms-rteTableEvenCol-0" style="width:20%;"><span style="text-decoration:underline;"><strong>Name</strong></span></td><td class="ms-rteTableOddCol-0" style="width:20%;"><span style="text-decoration:underline;"><strong>Votes For</strong></span></td><td class="ms-rteTableEvenCol-0" style="width:20%;"><span style="text-decoration:underline;"><strong>%</strong></span></td><td class="ms-rteTableOddCol-0" style="width:20%;"><span style="text-decoration:underline;"><strong>Votes Withheld</strong></span></td><td class="ms-rteTableEvenCol-0" style="width:20%;"><span style="text-decoration:underline;"><strong>%</strong></span></td></tr><tr class="ms-rteTableOddRow-0"><td class="ms-rteTableEvenCol-0">Avtar T. Bains</td><td class="ms-rteTableOddCol-0">30,370,114</td><td class="ms-rteTableEvenCol-0">99.00</td><td class="ms-rteTableOddCol-0">305,974</td><td class="ms-rteTableEvenCol-0">1.00</td></tr><tr class="ms-rteTableEvenRow-0"><td class="ms-rteTableEvenCol-0">Dino Chiesa</td><td class="ms-rteTableOddCol-0">30,380,660</td><td class="ms-rteTableEvenCol-0">99.04</td><td class="ms-rteTableOddCol-0">295,428</td><td class="ms-rteTableEvenCol-0">0.96</td></tr><tr class="ms-rteTableOddRow-0"><td class="ms-rteTableEvenCol-0">Mel Leiderman</td><td class="ms-rteTableOddCol-0">30,384,658</td><td class="ms-rteTableEvenCol-0">99.05</td><td class="ms-rteTableOddCol-0">291,430</td><td class="ms-rteTableEvenCol-0">0.95</td></tr><tr class="ms-rteTableEvenRow-0"><td class="ms-rteTableEvenCol-0">Frank Munsters</td><td class="ms-rteTableOddCol-0">30,244,594</td><td class="ms-rteTableEvenCol-0">98.59</td><td class="ms-rteTableOddCol-0">431,494</td><td class="ms-rteTableEvenCol-0">1.41</td></tr><tr class="ms-rteTableOddRow-0"><td class="ms-rteTableEvenCol-0">Bruce K. Robertson</td><td class="ms-rteTableOddCol-0">30,385,358</td><td class="ms-rteTableEvenCol-0">99.05</td><td class="ms-rteTableOddCol-0">290,730</td><td class="ms-rteTableEvenCol-0">0.95</td></tr><tr class="ms-rteTableEvenRow-0"><td class="ms-rteTableEvenCol-0">K. Rai Sahi</td><td class="ms-rteTableOddCol-0">30,356,851</td><td class="ms-rteTableEvenCol-0">98.96</td><td class="ms-rteTableOddCol-0">319,237</td><td class="ms-rteTableEvenCol-0">1.04</td></tr><tr class="ms-rteTableOddRow-0"><td class="ms-rteTableEvenCol-0">William O. Wallace</td><td class="ms-rteTableOddCol-0">30,375,114</td><td class="ms-rteTableEvenCol-0">99.02</td><td class="ms-rteTableOddCol-0">300,974</td><td class="ms-rteTableEvenCol-0">0.98</td></tr></tbody></table><p> </p><p><strong>2.  Appointment of Auditors</strong></p><p>The firm of Ernst & Young LLP, chartered accountants, was appointed as auditor of the Trust to hold office until the close of the next annual meeting of the unitholders or until their successors are duly appointed, and to authorize the trustees to fix the remuneration of the auditor.  Proxies were received on this matter for units and special voting units of the Trust as follows:</p><table width="100%" class="ms-rteTable-0" cellspacing="0"><tbody><tr class="ms-rteTableEvenRow-0"><td class="ms-rteTableEvenCol-0" style="width:25%;"><span style="text-decoration:underline;"><strong>Votes For</strong></span></td><td class="ms-rteTableOddCol-0" style="width:25%;"><span style="text-decoration:underline;"><strong>%</strong></span></td><td class="ms-rteTableEvenCol-0" style="width:25%;"><span style="text-decoration:underline;"><strong>Votes Withheld</strong></span></td><td class="ms-rteTableOddCol-0" style="width:25%;"><span style="text-decoration:underline;"><strong>%</strong></span></td></tr><tr class="ms-rteTableOddRow-0"><td class="ms-rteTableEvenCol-0">30,923,141</td><td class="ms-rteTableOddCol-0">99.88</td><td class="ms-rteTableEvenCol-0">35,746</td><td class="ms-rteTableOddCol-0">0.12</td></tr></tbody></table><p> </p><p> </p><p><strong>About Morguard North American Residential REIT</strong></p><p>The REIT is an unincorporated, open-ended real estate investment trust which owns, through a limited partnership, interests in a portfolio of 15 Canadian residential apartment communities, located in Alberta and Ontario, and 31 U.S. low-rise and mid-rise, garden-style apartment communities located in Alabama, Colorado, Florida, Georgia, Louisiana, North Carolina and Texas consisting of more than 13,000 residential suites.</p><img src="https://rt.newswire.ca/rt.gif?NewsItemId=C6133&Transmission_Id=201705121050CANADANWCANADAPR_C6133&DateId=20170512" alt="" style="margin:5px;width:1px;" /><p>For further information: Morguard North American Residential REIT: K. (Rai) Sahi, Chief Executive Officer, (905) 281-3800; Beverley G. Flynn, General Counsel & Secretary, (905) 281-3800</p>https://www.morguard.com/news-knowledge/posts/morguard-narreit-2017meeting-votingresults
Morguard Real Estate Investment Trust Announces Voting Results from the 2017 Annual Meeting of UnitholdersGP0|#f6ee19df-6c3a-4081-bd74-668207df6964;L0|#0f6ee19df-6c3a-4081-bd74-668207df6964|Morguard;GTSet|#bbd2a0ca-f457-44e3-b106-3c8139b9e1faGP0|#ca7174ac-6e4b-4ce1-b570-12f3c9be8efe;L0|#0ca7174ac-6e4b-4ce1-b570-12f3c9be8efe|Morguard REIT;GTSet|#08f799fb-3b4e-446d-9e79-1b6ddfdd40a2;GP0|#50f77e71-a149-46fd-90c2-9f738ea9df00;L0|#050f77e71-a149-46fd-90c2-9f738ea9df00|Real Estate Investment2017-05-12T04:00:00Z<p>Morguard Real Estate Investment Trust ("the Trust") (TSX: MRT.UN) today announced the results of matters voted on at its annual unitholders' meeting held on May 10, 2017 (the "Meeting"), which included the election of trustees of the Trust, all of the nominees listed in its management information circular dated March 21, 2017.  The voting results for each of the matters presented at the Meeting are presented below.</p><p>The total number of units represented by unitholders present in person or by proxy at the meeting was 44,200,343 representing 72.91% of the Trust's outstanding units.</p><p><strong>1.  Election of Trustees</strong></p><p>The eight (8) nominees proposed by management were elected as trustees of the Trust to hold office until the termination of the next annual meeting of unitholders or until their successors are duly elected or appointed, subject to the provisions of the Trust's Declaration of Trust.  Proxies were received on this matter as follows:</p><table width="100%" class="ms-rteTable-0" cellspacing="0"><tbody><tr class="ms-rteTableEvenRow-0"><td class="ms-rteTableEvenCol-0" style="width:20%;"><span style="text-decoration:underline;"><strong>Name</strong></span></td><td class="ms-rteTableOddCol-0" style="width:20%;"><span style="text-decoration:underline;"><strong>Votes For</strong></span></td><td class="ms-rteTableEvenCol-0" style="width:20%;"><span style="text-decoration:underline;"><strong>%</strong></span></td><td class="ms-rteTableOddCol-0" style="width:20%;"><span style="text-decoration:underline;"><strong>Votes Withheld</strong></span></td><td class="ms-rteTableEvenCol-0" style="width:20%;"><span style="text-decoration:underline;"><strong>%</strong></span></td></tr><tr class="ms-rteTableOddRow-0"><td class="ms-rteTableEvenCol-0">Fraser R. Berrill</td><td class="ms-rteTableOddCol-0">42,940,635</td><td class="ms-rteTableEvenCol-0">97.43</td><td class="ms-rteTableOddCol-0">1,134,354</td><td class="ms-rteTableEvenCol-0">2.57</td></tr><tr class="ms-rteTableEvenRow-0"><td class="ms-rteTableEvenCol-0">Michael A. Catford</td><td class="ms-rteTableOddCol-0">42,831,025</td><td class="ms-rteTableEvenCol-0">97.18</td><td class="ms-rteTableOddCol-0">1,243,964</td><td class="ms-rteTableEvenCol-0">2.82</td></tr><tr class="ms-rteTableOddRow-0"><td class="ms-rteTableEvenCol-0">Paul F. Cobb</td><td class="ms-rteTableOddCol-0">42,948,316</td><td class="ms-rteTableEvenCol-0">97.44</td><td class="ms-rteTableOddCol-0">1,126,673</td><td class="ms-rteTableEvenCol-0">2.56</td></tr><tr class="ms-rteTableEvenRow-0"><td class="ms-rteTableEvenCol-0">David A. King</td><td class="ms-rteTableOddCol-0">42,915,931</td><td class="ms-rteTableEvenCol-0">97.37</td><td class="ms-rteTableOddCol-0">1,159,058</td><td class="ms-rteTableEvenCol-0">2.63</td></tr><tr class="ms-rteTableOddRow-0"><td class="ms-rteTableEvenCol-0">Edward C. Kress</td><td class="ms-rteTableOddCol-0">40,783,554</td><td class="ms-rteTableEvenCol-0">92.53</td><td class="ms-rteTableOddCol-0">3,291,435</td><td class="ms-rteTableEvenCol-0">7.47</td></tr><tr class="ms-rteTableEvenRow-0"><td class="ms-rteTableEvenCol-0">K. Rai Sahi</td><td class="ms-rteTableOddCol-0">43,898,861</td><td class="ms-rteTableEvenCol-0">99.60</td><td class="ms-rteTableOddCol-0">176,128</td><td class="ms-rteTableEvenCol-0">0.40</td></tr><tr class="ms-rteTableOddRow-0"><td class="ms-rteTableEvenCol-0">Antony K. Stephens</td><td class="ms-rteTableOddCol-0">41,542,529</td><td class="ms-rteTableEvenCol-0">94.25</td><td class="ms-rteTableOddCol-0">2,532,460</td><td class="ms-rteTableEvenCol-0">5.75</td></tr><tr class="ms-rteTableEvenRow-0"><td class="ms-rteTableEvenCol-0">Timothy J. Walker</td><td class="ms-rteTableOddCol-0">41,913,253</td><td class="ms-rteTableEvenCol-0">95.10</td><td class="ms-rteTableOddCol-0">2,161,736</td><td class="ms-rteTableEvenCol-0">4.90</td></tr></tbody></table><p> </p><p><strong>2.  Appointment of Auditors</strong></p><p>The firm of Ernst & Young LLP, chartered accountants, was appointed as auditor of the Trust to hold office until the close of the next annual meeting of the unitholders or until their successors are duly appointed, and to authorize the trustees to fix the remuneration of the auditor.  Proxies were received on this matter as follows:</p><table width="100%" class="ms-rteTable-0" cellspacing="0"><tbody><tr class="ms-rteTableEvenRow-0"><td class="ms-rteTableEvenCol-0" style="width:25%;"><span style="text-decoration:underline;"><strong>Votes For</strong></span></td><td class="ms-rteTableOddCol-0" style="width:25%;"><span style="text-decoration:underline;"><strong>%</strong></span></td><td class="ms-rteTableEvenCol-0" style="width:25%;"><span style="text-decoration:underline;"><strong>Votes Withheld</strong></span></td><td class="ms-rteTableOddCol-0" style="width:25%;"><span style="text-decoration:underline;"><strong>%</strong></span></td></tr><tr class="ms-rteTableOddRow-0"><td class="ms-rteTableEvenCol-0">44,088,444</td><td class="ms-rteTableOddCol-0">99.87</td><td class="ms-rteTableEvenCol-0">59,260</td><td class="ms-rteTableOddCol-0">0.13</td></tr></tbody></table><p> </p><p><strong>About Morguard Real Estate Investment Trust</strong></p><p>The Trust is a closed-end real estate investment trust, which owns a diversified portfolio of 49 high quality retail, office and industrial income producing properties in Canada consisting of approximately 8.7 million square feet of leaseable space.</p><p>For more information, please visit <a href="/"><span style="text-decoration:underline;">Morguard.com</span></a>.</p><img src="https://rt.newswire.ca/rt.gif?NewsItemId=C4738&Transmission_Id=201705121134CANADANWCANADAPR_C4738&DateId=20170512" alt="" style="margin:5px;width:1px;" /><p>For further information: Morguard Real Estate Investment Trust: K. Rai Sahi, President and Chief Executive Officer, T 905-281-4800; Beverley G. Flynn, Vice President, General Counsel and Secretary, T 905-281-4800</p>https://www.morguard.com/news-knowledge/posts/morguard-reit-2017meeting-votingresults