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MRC Morguard News Story

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Brief: Morguard announces Q3 FFO per share C$3.63

Nov 12 (Reuters) - Morguard Corp  MRC.TO : 
 * Announces 2015 third quarter results and regular eligible dividend 
 * Q3 adjusted FFO per share C$3.72 
 * Q3 FFO per share C$3.63 
 * Qtrly total revenue C$221.4 million versus C$142.7 million 
 * Adjusting for the vacant target space, the company's Canadian retail 
   occupancy rate would have otherwise increased to 93.3% 
 * Says is currently executing on re-merchandising the target units into 
   multi-unit space 
 * Space vacated by target equates to early termination of 603,804 square feet 
   and as a result, retail occupancy has decreased to 86.5% 
 
 * Source text for Eikon  ID:nCNWMkfWva  
 
 * Further company coverage  MRC.TO   
  ((Bengaluru Newsroom; +1 646 223 8780))

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