Morguard

This October, Morguard is celebrating Cyber Awareness Month!  October is internationally recognized as Cyber Awareness Month. This year, we want to raise awareness with a Cyber Awareness Month Campaign called, Catch the Phish! Throughout October, there will be a variety of cybersecurity related activities for Morguard employees to participate including puzzles and quizzes.  Our objective is to increase our employees’ ability to identify phishing in its various forms. Participants will have the opportunity to learn more about and test their knowledge on the ever-changing world of cyber risks.  

During September 2024, CHECK-IN! returned to Morguard Retail sites. This meaningful campaign in support of Kids Help Phone (KHP) brings awareness to mental health and wellness challenges faced by young people. Across the country, Morguard shopping centres encouraged visitors to CHECK-IN! by scanning a QR code, generating a $2 donation to Kids Help Phone and a positive message to share with family and friends. Over the course of the campaign, we received over 25,000 check-ins! September also introduced HeART Therapy!, a contest encouraging young people to share how they use art to support their mental wellness. From painting to pottery, over 3,000 people uploaded their art to our digital heART Gallery. Morguard is thrilled to wrap up CHECK-IN! with a $50,000 donation to Kids Help Phone (KHP). About Kids Help Phone KHP is Canada’s only free, 24/7, multilingual and confidential e-mental health care service offering youth support through phone, text and online resources. To access mental health support, text CONNECT to 686868 or visit KidsHelpPhone.ca

Breaking Ground in Port Credit!    We are excited to celebrate the official groundbreaking of Morguard’s new rental community at 725 Village Green Boulevard. Angela Sahi and Morguard’s senior management team introduced this premium purpose-built rental community to Mississauga’s vibrant Port Credit neighbourhood!     We were honored to have Mayor Carolyn Parrish, Councillor Stephen Dasko and our partners in attendance at the groundbreaking for this exciting milestone!    This project will feature three mid-rise residential buildings, offering 431 suites ranging from studios to penthouse suites, as well as townhomes. With nature-inspired designs, innovative amenities, and sustainable building practices, this community is perfect for young professionals, families, and couples looking for modern living with a touch of serenity.    Designed by architecture firm BDP Quadrangle and showcasing elegant interiors by Cecconi Simone, with wellness and community in mind. Enjoy amenities like rooftop terraces, a chef's kitchen, a pet spa, and much more! We're committed to creating a sustainable living experience, with LEED Gold certification and the integration of eco-friendly features throughout.    Key Features:  - Greenhouse for micro-farm-to-table living   - Rooftop terraces with stunning views   - Chef’s kitchen & wine-down lounge  - Pet spa & expansive fitness centre  - LEED Gold certification & EV-ready parking    #PurposeBuiltCommunity #PortCreditLiving #SustainableDevelopment #ModernLiving #Morguard

Morguard is excited to announce that we have recently acquired a partial interest in Telus Garden, a premier Class AAA office building. This property is located at 510 West Georgia and 541 Robson Street, in Vancouver’s newly revitalized eastside central.  Built in 2016, this 24-storey office building with 2-storey retail structure has earned LEED Platinum and BOMA Best Platinum certifications for its sustainable features, including a district energy system, green roof, and solar panels.   Learn more about this acquisition here: https://lnkd.in/gHj3qnpm

On September 30th, Morguard and its properties will observe the National Day for Truth and Reconciliation, a time to reflect on the enduring legacy of residential schools and honour the resilience of Survivors, their families, and communities. We encourage our employees and communities, to learn about the history and impacts of these schools. For more information and resources, please visit: https://nctr.ca/

We are pleased to share that amenity upgrades at Rice Howard Place in downtown Edmonton are now complete! Tenants can now enjoy a range of modernized features, designed for convenience, wellness, and productivity, including: A newly renovated conference centre with state-of-the-art equipment.  An upgraded fitness centre with cardio and weight training equipment.  A new tenant lounge on the mezzanine floor, providing a games area, a virtual golf simulator and a comfortable space for relaxation or informal meetings.  Secure bicycle parking and two levels of underground heated parking.    These enhancements reflect our ongoing commitment to creating exceptional spaces for our tenants. For inquiries, please contact Mike Verhoski – Director, Leasing at 780-424-1642. To learn more about Rice Howard Place, visit https://lnkd.in/gHv_B3zq  

Recently at Morguard, we wrapped up our 12th annual summer intern program, with interns contributing to a variety of departments, including HR, Sustainability, Finance and Accounting, Marketing, IT, and more. This year, our interns also had the chance to participate in team-building and educational activities, all while learning the ropes of their assigned departments. In addition to supporting our teams and enriching our talent pool, the program gave interns the opportunity to develop new skills, make valuable connections, and gain insights into how different areas of the business contribute to the organization's success. Want to hear more? Our interns are taking over Instagram! Follow us @morguardrealestate to see their experiences and journey firsthand: https://lnkd.in/g6mP8M4e

Our teams in the US had an incredible week at the 6th Annual Leadership Summit in sunny South Florida! With the theme “Who Do You Serve?”, this summit wasn’t just about crafting budgets but also about teamwork, collaboration, and inspiring growth across our communities. Big thanks to our guest speaker Lisa Walden, guests from Head Office: Assistant Vice President, National Programs and Director, Environmental, Social and Governance and everyone who made this event memorable.

We are excited to announce the launch of the heART Therapy Contest in partnership with Kids Help Phone! From August 19 to September 30, Canada’s youth are invited to showcase how they use art for self-care. Art submissions will be featured in the National heART Gallery on your local Morguard shopping centre’s CHECK-IN! website. Participants have a chance to win amazing prizes like shopping sprees and the latest iPhone 15 Pro. Join us in promoting mental health awareness and the therapeutic power of art. Learn more about the contest and upcoming wellness workshops: https://lnkd.in/g8JrthdK And click here to watch CTV News's segment at St. Laurent Centre: https://lnkd.in/gzSR7FMf

Today, Morguard released its 2024 Canadian Economic Outlook and Market Fundamentals Q2 Update, providing an in-depth analysis of the Canadian real estate market and the economy's performance. The multi-suite residential rental property market saw continued investor confidence during the second quarter of 2024, driven by the sector’s strong long-term fundamental and positive near-term rent growth outlooks. The commercial sector, particularly industrial property sales and retail leasing activity surged, driving overall investment property transaction volume. Looking ahead, further rate cuts by the Bank of Canada and easing inflation pressures are anticipated to boost investor confidence and reduce monetary policy restrictions. To read the full analysis on each sector and the Canadian economy, visit: https://lnkd.in/etB3ir8Q