Morguard Real Estate Investment Trust (OTCPK:MGRUF)
$ 3.935 -0.2257 (-5.42%) Market Cap: 237.62 Mil Enterprise Value: 1.13 Bil PE Ratio: 0 PB Ratio: 0.36 GF Score: 64/100

Q4 2018 Morguard Real Estate Investment Trust Earnings Call Transcript

Feb 14, 2019 / 09:00PM GMT
Release Date Price: $9.29
Operator

Good afternoon, ladies and gentlemen, and welcome to the Morguard Real Estate Investment Trust Fourth Quarter Results Conference Call. (Operator Instructions) This call is being recorded on Thursday, February 14, 2019.

I would now like to turn the conference over to Rai Sahi. Please go ahead.

Kuldip Rai Sahi
Morguard Real Estate Investment Trust - Chairman, President & CEO

Thank you. Thank you very much, and I think I'm just going to move that on to Andrew Tamlin, Chief Financial Officer of the Morguard REIT and who has taken over from Pam McLean. And he will introduce the rest of the people who are in the room. Thank you.

Andrew Tamlin
Morguard Real Estate Investment Trust - CFO

Thank you, Rai. So I'm joined today by John Ginis, Director of Retail Asset Management; and Arjun Chowdhury, Director of Office and Industrial Asset Management. So I will now provide both the financial and property overview.

Since the beginning of December 31, 2017, real estate property balances have increased $53.8

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