Morguard to launch REIT IPO on Toronto Stock Exchange

04/10/2012 |

Mississauga, Canada-based Morguard is forming a REIT to which it will sell 17 apartment properties. Morguard will hold a 69.7% interest in the new REIT, to be called Morguard North American Real Estate Investment Trust. It will list on the Toronto Stock Exchange.

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