Morguard, a Toronto-based real estate company with $21.2 billion of assets under management, has publicly disclosed that it now has almost a 15% stake in Plaza Retail REIT, a Fredericton, New Brunswick company that has been in expansion mode in secondary markets.
Billionaire Sahi's Morguard Takes 15% Stake in REIT
Analyst Suggests No Deal Imminent, But Plaza Retail Could Become Acquisition Pipeline for Larger Company
By Garry Marr
CoStar News
September 30, 2019 | 6:42 P.M.
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IN THIS ARTICLE
- Companies
- Plaza Retail Real Estate Investment Trust
Real Estate