Morguard Real Estate Invt Tr (MRT.UN) - Friday, Apr 5, 2024

414 Views05 Jul 2024 19:05
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SUMMARY
  • Morguard REIT (MRT) is considered undervalued due to its exposure to commercial real estate, particularly in the office sector
  • MRT, a part of the Morguard group, is expected to unlock its value through a catalyst similar to Temple Hotels (TPH)
  • Despite being part of Morguard Corp (MRC), MRT has traditionally traded at a discount to its own NAV, with an estimated value of $7.5+ per unit and potential development asset upside, offering a projected downside of $4.5 per unit.

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

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