1、STRENGTH.QUALITY.RESULTS.MORGUARD CORPORATION 2013 ANNUAL REPORTMORGUARD CORPORATION Morguard Corporation is a fully integrated real estate operating company.Were experts in North American real estate ownership,investment and management.Morguards primary business strategy is to create shareholder va
2、lue through stable and increasing cash flow and asset value,achieved by improving the performance of the real estate portfolio and by acquiring and developing real estate properties in sound economic markets.At December 31,2013,Morguards owned and managed real estate portfolio was valued at$15.1 bil
3、lion.Morguard is a publicly traded company(TSX:MRC)with three primary businesses:Investments in Real Property.Morguard owns and manages a diversified portfolio comprising more than 52 million square feet of high-quality commercial properties and more than 18,000 multi-unit residential suites and 1,2
4、20 hotel suites.Real Estate Investment Trusts.Morguard owns a significant interest in two real estate investment trusts(REITs):Morguard REIT(TSX:MRT.UN)and Morguard North American Residential REIT(TSX:MRG.UN).Morguard supports each of the REITs with valuable advisory and management services,provided
5、 by its experienced investment,property management and leasing groups.Real Estate Investment Services.Morguard serves major institutional clients and private investors with a full range of real estate advisory and management services.Morguard offers a broad range of flexible,proven investment vehicl
6、es.It optimizes the performance of the entire portfolio through acquisition and development,asset management and property management.Morguard also provides portfolio management services,specializing in publicly traded equities and fixed income securities,through Morguard Financial Corp.On our cover