Morguard

Toronto, Canada Founded: 1905 • Age: 121 yrs
Real estate investment company
Annual revenue $785.4M Latest available
Total funding - 2 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 4 Services tracked
Competitors 9 Brand Intelligence

About Morguard

Morguard is a company based in Toronto (Canada) founded in 1905. Morguard has completed 2 acquisitions, including Lincluden and Temple Hotels. Morguard offers products and services including Real Estate Management, Leasing Services, Investment Advisory, and Portfolio Management. Morguard operates in a competitive market with competitors including H&R Real, Dream, Choice Properties REIT, Artis REIT and PROREIT, among others.

  • Headquarter Toronto, Canada
  • Stage Public
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Morguard Corporation
Operational Areas
Financial Services → Private Capital & Alternative Investments Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $785.36 M (USD)
    -7.92
    as on Dec 31, 2024
  • Net Profit
    $181.95 M (USD)
    252.94
    as on Dec 31, 2024
  • EBITDA
    $302 M (USD)
    -21.9
    as on Dec 31, 2024
  • Latest Funding Round
    $225 M (USD), Debt – Conventional

    Jan 25, 2019

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
    Lincluden

    & 1 more

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IPO & Listings of Morguard

Morguard is a publicly listed company on the TSX with ticker symbol MRC in Canada, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: TSX · Ticker: MRC · Sector: Finance · Canada

Products & Services of Morguard

Morguard offers a comprehensive portfolio of products and services, including Real Estate Management, Leasing Services, Investment Advisory, and Portfolio Management.

Product name locked
Category locked
Primary

Services for acquiring, owning, and managing real estate assets

Product name locked
Category locked
Locked

Platform for leasing office, industrial, retail, and residential properties

Product name locked
Category locked
Locked

Advisory for real estate equities and fixed income investments

Product name locked
Category locked
Locked

Management of diversified real estate portfolios across North America

People of Morguard

Headcount 500-1000
Employee Profiles 188
Employee Profiles
People
Joshua Nolan
Assoc. Vice President
People
Francis Bennett
General Manager Operations
People
Cesar Alejandro Paredes
Health And Safety Manager
People
Ben Oldfield Bsc Estate Management
Director, Leasing

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Funding Insights of Morguard

Investors in Morguard

Morguard has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include TD Securities and RBC Capital Markets.

All
Institutional
Investor Description Founded Year Domain Location
-
Locked Locked Locked
M&A and corporate advisory services are provided across multiple sectors.
Locked Locked Locked
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Investor details for Morguard

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Morguard

Morguard has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Lincluden and Temple Hotels.

Investments
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Investment portfolio details for Morguard

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Hospitality services including accommodations are provided in Canada.
Locked Locked 2012 Locked
Diversified asset management services are provided by Lincluden.
Locked Locked 1982 Locked
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Complete acquisition details for Morguard

Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.

  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Morguard

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Detailed financials for Morguard

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  • Profit trends
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Morguard Comparisons

Morguard Primary company
Description
Real estate investment company
Location
Toronto, Canada
Founded Year
1905
Annual Revenue
$785.36 M (USD)
Net Profit
$181.95 M (USD)
EBITDA
$302 M (USD)
Employees
Not available
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Peer comparison for Morguard

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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  • Headcount comparison
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Competitors of Morguard

Morguard operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as H&R Real, Dream, Choice Properties REIT, Artis REIT and PROREIT, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Equity REIT that invests in office, retail, industrial and residential properties
Locked Locked Locked
Equity REIT investments are directed toward residential and commercial assets.
Locked Locked Locked
Equity REIT that invests in office, retail and industrial properties
Locked Locked Locked
Equity REIT that invests in industrial, office and retail properties
Locked Locked Locked
Investments are focused on office, retail, industrial, and mixed-use properties.
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Detailed competitors of Morguard

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Morguard

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Complete news archive for Morguard

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Morguard

Morguard was founded in 1905 and raised its 1st funding round 113 years after it was founded.

Morguard is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Kuldip Rai Sahi is the current CEO of Morguard.

Annual revenue of Morguard is $785.36M as on Dec 31, 2024.

Morguard was established in 1905 and is headquartered in Toronto, Canada. Operations focus on the real estate investment sector, where properties including offices, industrial facilities, retail spaces, and apartments are owned, managed, and invested in. Projects such as the Etobicoke Wellness Centre, 160 Chapel, Aspen Grove, and Fifty on the Park are included among its developments. Investments are directed toward diverse real estate assets to support long-term portfolio growth.

Morguard's top competitors include Choice Properties REIT, PROREIT and Artis REIT.

Morguard offers Real Estate Management, Leasing Services, Investment Advisory, and Portfolio Management.

Yes, Morguard is publicly traded on TSX under the ticker symbol MRC.

Morguard has made 2 acquisitions, including Lincluden, and Temple Hotels.

Morguard has 2 investors. Key investors include TD Securities, and RBC Capital Markets.

The ticker symbol of Morguard is MRC on TSX.

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