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Morguard Announces Strategic Relationship with TD Asset Management on Multi-Suite Residential Real Estate Portfolio

Newswire.ca - Wed Feb 25, 5:19PM CST

Morguard to acquire a $1.0 billion interest in a $5.0 billion residential portfolio and assume property and asset management responsibilities

MISSISSAUGA, ON, Feb. 25, 2026 /CNW/ - Morguard Corporation ("Morguard") (TSX: MRC) and Morguard North American Residential REIT ("Morguard Residential REIT") (TSX: MRG.UN), today announced that Morguard and Morguard Residential REIT have jointly agreed to invest $1.0 billion in a Canadian multi-suite residential real estate portfolio currently owned by TD Asset Management Inc. ("TDAM"). This represents an approximate 20 percent undivided interest in a portfolio of 106 properties valued at approximately $5.0 billion.

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