Canada's commercial real estate sector exhibited a measure of resilience during the first quarter, as investment sales activity slowed according to Morguard's 2024 Economic Outlook and Market Fundamentals First Quarter Update ("Morguard") (TSX: MRC). Industrial properties were the most popular acquisition target of investors and owner/users. Multi-suite residential rental property finished second only to industrial in recorded transaction volume in the first quarter.
Morguard Corporation (the "Corporation") (TSX: MRC) today announced the results of matters voted on at its annual shareholders' meeting held on May 8, 2024 (the "Meeting"), which included the election of directors of the Corporation, all of the nominees listed in its management information circular dated March 14, 2024. The voting results for each of the matters presented at the Meeting are presented below.
Morguard Corporation ("Morguard") (TSX: MRC) today released its 2023 ESG Report prepared in accordance with the Global Reporting Initiative's Universal Standard. The report details our ongoing environmental, social and governance ("ESG") performance for owned and managed real estate assets, including commercial and multi suite residential, in Canada and the U.S. Throughout 2023, Morguard maintained its position as a sector leader in ESG practices, and purpose-driven performance is a top priority