MISSISSAUGA, ON, July 23, 2012 /CNW/ - Morguard Corporation (TSX: MRC) ("Morguard") released its 2012 Second Quarter Canadian Economic Outlook and Market Fundamentals research report.
The quarterly update report provides commentary on investment trends, economic data, financial conditions and leasing fundamentals that affect the performance, attractiveness and associated risk and outlook for the real estate investment market in Canada.
While the European financial crisis unfolds, investor concerns about global financial and economic instability continue to support Canadian property investment. This has put a robust demand on asset pricing beyond the most recent peak and has impacted cap rates. As a result, some investors have increasingly looked to development as a source of yield. The report concludes that investor demand will continue to support peak pricing across property sub-categories in the Canadian market over the near-term.
"Stock market volatility and below-average bond yields have cast real estate in a favourable light with investors," said Keith Reading, Director of Research at Morguard. "The by-product of the resulting increase in demand has been price inflation and a competitive bidding environment."A copy of the 2012 Second Quarter report is available at www.morguard.com. Morguard is an expert in North American real estate ownership, investment and management. With a strategic focus on high-quality assets and diversification, Morguard has a proven track record of realizing the potential of real estate through consistent investment performance. Morguard currently has $11 billion of assets owned and under management. The integrated real estate services company manages its own real estate portfolio, as well as invests and manages on behalf of third-party institutional and private real estate investors. Morguard offers a comprehensive range of real estate services, including acquisitions and development, to asset management, leasing, property management, research, and valuation services. Morguard Corporation also owns a 44.8% interest in Morguard Real Estate Investment Trust and a 67.6% effective interest in the Morguard North American Residential Real Estate Investment Trust. For more information, visit the Company's website at www.morguard.com. SOURCE Morguard Corporation
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV