Morguard

Toronto, Canada Founded: 1905 • Age: 121 yrs
Real estate investment company
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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
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Morguard Corporation
Operational Areas
Financial Services → Private Capital & Alternative Investments
Key Metrics
  • Annual Revenue
    $785.38 M (USD)
    -7.92
    as on Dec 31, 2024
  • Net Profit
    $181.96 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
    Employee Count
  • 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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Services for acquiring, owning, and managing real estate assets

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

Advisory for real estate equities and fixed income investments

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

  • Total Funding
  • Total Rounds 2
  • Last Round Debt – Conventional — $225.0M
  • First Round

    (14 May 2018)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2019 Amount Debt – Conventional - Morguard Valuation

investors

May, 2018 Amount Debt – Conventional - Morguard Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
M&A and corporate advisory services are provided across multiple sectors.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Morguard

Morguard has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Lincluden and Temple Hotels. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Hospitality services including accommodations are provided in Canada.
2012
Diversified asset management services are provided by Lincluden.
1982
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Morguard

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Morguard Comparisons

Employees
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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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Equity REIT that invests in office, retail, industrial and residential properties
domain founded_year HQ Location
Equity REIT investments are directed toward residential and commercial assets.
domain founded_year HQ Location
Equity REIT that invests in office, retail and industrial properties
domain founded_year HQ Location
Equity REIT that invests in industrial, office and retail properties
domain founded_year HQ Location
Investments are focused on office, retail, industrial, and mixed-use properties.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Morguard

Frequently Asked Questions about Morguard

When was Morguard founded?

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

Where is Morguard located?

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

Who is the current CEO of Morguard?

Kuldip Rai Sahi is the current CEO of Morguard.

What is the annual revenue of Morguard?

Annual revenue of Morguard is $785.38M as on Dec 31, 2024.

What does Morguard do?

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.

Who are the top competitors of Morguard?

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

What products or services does Morguard offer?

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

Is Morguard publicly traded?

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

How many acquisitions has Morguard made?

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

Who are Morguard's investors?

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

What is Morguard's ticker symbol?

The ticker symbol of Morguard is MRC on TSX.

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