Press Releases

April 2017

Turn Trash into Treasure in Kia Court at Shoppers Mall from April 20 – 22

Brandon, Manitoba – April 17, 2017 – Visit Kia Court in Shoppers Mall (1570-18th Street) from April 20 to 22 and transform recyclable items into treasures! A wide variety of recyclable items will be available for shoppers of all ages to create treasures for FREE. Visit www.shoppersmallbrandon.com for more information.

“Show your creativity and turn trash into one of a kind masterpieces,” states Candace McKenzie, Marketing Director, Shoppers Mall, “There will be a wide variety of recyclable items to choose from, so have fun!”

Make sure to register your finished treasure to be on display at Guest Services from April 24 to 30. Customers can vote for their favorite creation once a day from April 24 to 30. The creation with the most votes will receive a $100 Shoppers Mall gift card and one random voter will receive a $100 Shoppers Mall gift card. The winners of the gift cards will be contacted by telephone on Monday, May 1.

Morguard and Shoppers Mall are committed to recycling. Morguard’s Green Link program is designed to see where Shoppers Mall measures up in the industry as to the environmental standards and use of our resources.  In 2016 with the support of our customers and retailers, Shoppers Mall recycled a total of 158 metric tonnes which translates to:

  • Saving 2,064 mature trees from being cut down by recycling cardboard.
  • Recycling enough aluminum cans to power an energy efficient light bulb for 708 years.
  • Diverting recyclables from the landfill equal to the weight of 118 Ford Focus vehicles.
  • The amount paper recycled helped to conserve 24,017 later water cooler bottles.
  • Recycling enough plastic bottles to produce 4,275 polyester t-shirts.

To learn more about our Green Link program, please visit: http://shoppersmallbrandon.com/mall-info/sustainability/

DID YOU KNOW?

A recent Nielsen global online survey shows that almost 75% of Millennials are willing to pay more for sustainable products.1   Shoppers Mall retailers continue to be environmental leaders in Brandon, with many providing environmentally responsible products, and impressive sustainability programs. 

  • The Body Shop has set clear targets for reducing the direct environmental impact of their store’s operations between 2010-2020.   This includes reducing electricity consumption, emissions from diesel and gas, and waste by 50%, and water consumption by 25%.
  • GNC’s environmental initiatives have yielded reductions in energy use at its Pittsburgh headquarters and across its 2600+ company-owned stores in the U.S. and Canada, together with reductions in paper use and elimination of all Styrofoam cups at the company’s headquarters. In addition to converting over 45,000 incandescent bulbs to LED lights, they have also installed energy-efficient thermometers at all their stores, implemented a lights-off program outside of business hours, and use store bags and paper with recycled content.
  • Tim Hortons has made recycling and composting a major focus of their sustainability efforts. By working with waste industry experts and mill trials, they have determined that their hot beverage cups are recyclable, but there is still a challenge of accessibility to recycling programs that can accept and process them. They continue to work with municipalities to find low-tech solutions that can allow their product to be recycled – in the meantime, they continue to encourage people to bring their own travel containers by offering a discount. In 2014, Tim Horton’s restaurant owners supported 650 local community clean-ups.
  • Owned by L Brands, La Senza have been rolling out numerous energy efficient projects that have resulted in significant energy savings. This includes a reduction of store-electricity use (in Canada and the U.S.) of 22 million kWh! Other efforts include the use of FSC certified paper in all their catalogues, donating $1 million related to protecting research and advocacy for endangered forests, and waste diversion of over 11,000 tonnes in 2015.

1(source: http://www.nielsen.com/ca/en/insights/news/2015/green-generation-millennials-say-sustainability-is-a-shopping-priority.html)

ABOUT SHOPPERS MALL:

Shoppers Mall is a 367,000-square-foot dominant enclosed regional shopping centre located in Brandon, Manitoba.  The Mall features more than 90 retailers offering a merchandise mix of retail, services, entertainment and restaurants. Visit www.shoppersmallbrandon.com.

ABOUT MORGUARD:

Morguard Corporation (TSX: MRC) is a major North American real estate and property management company.  It has extensive retail, office, industrial, multi–suite residential, and hotel holdings owned directly, or through its investment in Morguard REIT (TSX: MRT.UN) and Morguard North American Residential REIT (TSX: MRG.UN). Morguard also provides real estate management services to institutional and other investors. Morguard’s total assets owned and under management is valued at $19.9 billion. Visit www.morguard.com.

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For additional information or interview requests, please contact:
Candace McKenzie | Marketing Director | Shoppers Mall
D 204-571-4532 | T 204-728-3255 | cmckenzie@morguard.com

April 2017

Strike a Pose with the Easter Bunny at Shoppers Mall Saturday April 15 | 10am-12pm & 1pm-3pm | Kia Court

Brandon, Manitoba – April 10, 2017 – Hop on over to Shoppers Mall Brandon (1570-18th Street) for a FREE Meet and Greet with the Easter Bunny on Saturday, April 15 from 10am-12pm & 1pm-3pm in Kia Court. Bring your camera and take a selfie with the Easter Bunny! Visit www.shoppersmallbrandon.com for more information.

“Join us for a special Meet and Greet with the Easter Bunny at Shoppers Mall,” states Candace McKenzie, Marketing Director, Shoppers Mall. “Last year, more than 400 kids dropped by to meet the Easter Bunny and take their photo with him. Don’t forget your camera for this unique photo opportunity and remember to share your shots over social media.”

It wouldn’t be Easter without chocolate! All children will receive chocolate eggs from the Easter Bunny after their visit.

Take part in fun activities for the family! Drop by the Easter Petting Zoo featuring bunnies and chicks from Ricklyn Farm and let your creative side shine with Kids crafts.

Parents and children under 5 can enter for a draw for a $100 Shoppers Mall gift card.

ABOUT SHOPPERS MALL:

Shoppers Mall is a 367,000-square-foot dominant enclosed regional shopping centre located in Brandon, Manitoba.  The Mall features more than 90 retailers offering a merchandise mix of retail, services, entertainment and restaurants. Visit www.shoppersmallbrandon.com.

ABOUT MORGUARD:

Morguard Corporation (TSX: MRC) is a major North American real estate and property management company.  It has extensive retail, office, industrial, multi–suite residential, and hotel holdings owned directly, or through its investment in Morguard REIT (TSX: MRT.UN) and Morguard North American Residential REIT (TSX: MRG.UN). Morguard also provides real estate management services to institutional and other investors. Morguard’s total assets owned and under management is valued at $19.9 billion. Visit www.morguard.com.

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For additional information or interview requests, please contact:
Candace McKenzie | Marketing Director | Shoppers Mall
D 204-571-4532 | T 204-728-3255 | cmckenzie@morguard.com

February 2017

Live to Give, Love to Get Campaign at Shoppers Mall
Raised $1,105 for the Heart & Stroke Foundation

Brandon, Manitoba – February 15, 2017 – The successful Live to Give, Love to Get campaign ran from Monday, January 30 through Tuesday, February 14 at Shoppers Mall (1570-18th Street) and raised $1,105 for the Heart & Stroke Foundation. Visit www.shoppersmallbrandon.com for more information.

“We are proud that our community came together and raised $1,105 for the Live to Give, Love to Get campaign in support of the Heart & Stroke Foundation,” states Candace McKenzie, Marketing Director, Shoppers Mall. “Seeing all the names, words of inspiration and drawings on the valen-tiles on the mosaic mural has truly been inspirational.”

Throughout the Live to Give, Love to Get campaign, shoppers were encouraged to visit Guest Services to purchase a valen-tile to add to the mosaic mural. They chose from a variety of colours and sizes of valen-tiles and wrote special messages and drew on them if they wished.

“Working with Shoppers Mall on the valen-tile initiative has been a very positive experience,” states Amber Meszaros, Area Manager, Manitoba Heart & Stroke Foundation. “Not only is this a great fundraiser in support of the Heart and Stroke Foundation but it has also assisted us in raising awareness of heart disease and stroke among the residents of Brandon and Westman.”

Shoppers Mall, Charm Diamond Centres, Michael Hill and Reesor’s Jewellery provided gift cards and prizes for the Live to Give, Love to Get campaign.

ABOUT SHOPPERS MALL:

Shoppers Mall is a 367,000-square-foot dominant enclosed regional shopping centre located in Brandon, Manitoba.  The Mall features more than 90 retailers offering a merchandise mix of retail, services, entertainment and restaurants. Visit www.shoppersmallbrandon.com.

ABOUT MORGUARD:

Morguard Corporation (TSX: MRC) is a major North American real estate and property management company.  It has extensive retail, office, industrial, multi–suite residential, and hotel holdings owned directly, or through its investment in Morguard REIT (TSX: MRT.UN) and Morguard North American Residential REIT (TSX: MRG.UN). Morguard also provides real estate management services to institutional and other investors. Morguard’s total assets owned and under management is valued at $19.9 billion. Visit www.morguard.com.

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For additional information or interview requests, please contact:
Candace McKenzie | Marketing Director | Shoppers Mall
D 204-571-4532 | T 204-728-3255 | cmckenzie@morguard.com

February 2017

SHARE YOUR FAVOURITE MOM MOMENT WITH US!

Brandon, Manitoba – February 7, 2017 – Tell us what makes your Mom the best! Submit a one-minute video telling us what you love about your Mom and you could be featured in the Morguard Mom Moments video. Submit your video to cmckenzie@morguard.com by February 20, 2017 for a chance to win a $100 Shoppers Mall gift card. Participants must be 4 to 15 years old and only children selected for filming of the videos will be contacted. For more information, please visit www.shoppersmallbrandon.com.

“This is your chance to let Canada know what makes your Mom so awesome,“ states Candace McKenzie, Marketing Director, Shoppers Mall. “Morguard Mom Moments is a series of Mother’s Day videos that will be filmed and produced by local Brandon Videographer Nate Bower and used by Morguard malls across Canada in May, 2017.”

Shoppers Mall is reaching out to children 4 to 15 to submit a short one-minute audition video by email to cmckenzie@morguard.com. Include your name and age and let us know why your Mom is the best Mom. All video entries will be entered into a draw for a $100 Shoppers Mall gift card, so be creative! Children selected to be filmed in the videos will be contacted by e-mail.

Morguard Mom Moments videos will be shot from February 27 to March 3 in Brandon, MB and will feature a minimum of 15 children from Brandon and Westman responding to five questions about their Mom:

  1. What clothes does your Mom look beautiful in?
  2. When your Mom does her makeup, what does that look like?
  3. How does your Mom style her hair when you are going out?
  4. What are you going to do to make Mother’s Day special for your Mom?
  5. Why is your Mom the best Mom?

The final Morguard Mom Moments videos will run on Morguard shopping centres social media across Canada in May, 2017.

ABOUT SHOPPERS MALL:

Shoppers Mall is a 367,000-square-foot dominant enclosed regional shopping centre located in Brandon, Manitoba.  The Mall features more than 90 retailers offering a merchandise mix of retail, services, entertainment and restaurants. Visit www.shoppersmallbrandon.com.

ABOUT MORGUARD:

Morguard Corporation (TSX: MRC) is a major North American real estate and property management company.  It has extensive retail, office, industrial, multi–suite residential, and hotel holdings owned directly, or through its investment in Morguard REIT (TSX: MRT.UN) and Morguard North American Residential REIT (TSX: MRG.UN). Morguard also provides real estate management services to institutional and other investors. Morguard’s total assets owned and under management is valued at $19.9 billion. Visit www.morguard.com.

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For additional information or interview requests, please contact:
Candace McKenzie | Marketing Director | Shoppers Mall
D 204-571-4532 | T 204-728-3255 | cmckenzie@morguard.com

February 2017

Live to Give, Love to Get at Shoppers Mall
Give a Valen-Tile and Support the Heart & Stroke Foundation

Brandon, Manitoba – January 23, 2017 – This Valentine’s show how much you Live to Give, Love to Get by buying valen-tiles for your friends and family for $5 each and adding them to the mosaic near Guest Services at Shoppers Mall (1570-18th Street) in support of the Heart & Stroke Foundation. A maximum of 5 valen-tiles can be purchased per shopper and are available at Guest Services from Monday, January 30 through Tuesday, February 14. Visit www.shoppersmallbrandon.com for more information.

“Shoppers can choose from a variety of colours of valen-tiles and write special messages on them if they would like to,” states Candace McKenzie, Marketing Director, Shoppers Mall. “It’s a great way to show your friends and family you care while supporting the Heart & Stroke Foundation.”

From Monday, January 30 through Tuesday, February 14, customers are encouraged to visit Guest Services to purchase a valen-tile for $5 and add it to the mosaic near Guest Services. As there are only 200 valen-tiles available, shoppers are limited to purchasing a maximum of five valen-tiles. All the money collected from the sale of valen-tiles will be donated to the Heart & Stroke Foundation once the campaign is complete.

In exchange for buying a valen-tile, shoppers will receive a $5 Shoppers Mall gift card and a chance to win 1 of 6, $200 gift cards from either Charm Diamond Centres, Michael Hill or Reesor’s Jewellery. The Shoppers Mall gift card can be used at our over 90 stores and services, except for Tim Hortons and Scotiabank. The draw for the jewellery store gift cards will be made on February 15 and winners will be contacted by phone.

ABOUT SHOPPERS MALL:

Shoppers Mall is a 367,000-square-foot dominant enclosed regional shopping centre located in Brandon, Manitoba.  The Mall features more than 90 retailers offering a merchandise mix of retail, services, entertainment and restaurants. Visit www.shoppersmallbrandon.com.

ABOUT MORGUARD:

Morguard Corporation (TSX: MRC) is a major North American real estate and property management company.  It has extensive retail, office, industrial, multi–suite residential, and hotel holdings owned directly, or through its investment in Morguard REIT (TSX: MRT.UN) and Morguard North American Residential REIT (TSX: MRG.UN). Morguard also provides real estate management services to institutional and other investors. Morguard’s total assets owned and under management is valued at $19.9 billion. Visit www.morguard.com.

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For additional information or interview requests, please contact:
Candace McKenzie | Marketing Director | Shoppers Mall
D 204-571-4532 | T 204-728-3255 | cmckenzie@morguard.com

July 2016

A Transformation at Shoppers Mall in Brandon, Manitoba to Meet the Needs of the Community

July 18, 2016 – Shoppers Mall in Brandon, Manitoba is transforming under a remerchandising strategy led by its owner, Morguard Real Estate Investment Trust.  The dominant regional shopping centre, located at the intersection of 18th Street and Richmond Avenue, will begin to realize positive change with the addition of new best-in-class retail, services and restaurants — complementing the existing 90 retailers.

The transformation at the 367,000-square-foot shopping centre includes the sustainable redevelopment of the main entrance and specific common areas, as well as the proposed development of freestanding pads to increase density and enhance the greening of the site.

“This transformation signals a new era at Shoppers Mall,” said John Levac, Vice President, Asset Management at Morguard REIT. “The investment is designed to cater to the demands of the community and attract new shoppers seeking exceptional choice and diverse retailers.”

The remerchandising strategy has resulted in a lineup of confirmed new retailers including:

Sobeys Extra

A 62,500-square-foot Sobeys extra store will become the new anchor and is expected to open this winter in the former Target space.  The new store will have a market atmosphere and offer customers innovative full-service departments, a multi-use community room for events such as cooking classes, and in-store experts including a chef and wellbeing counselors. A planned new façade will transform the main entrance of the Mall in conjunction with the Sobeys opening.

GoodLife Fitness

GoodLife Fitness will open a 24,670-square-foot Co-Ed Club in early 2017 in a portion of the former Safeway space. The Co-Ed Club, the largest in Manitoba, will offer the community a modern, first class facility with amenities that support an active lifestyle.  It will provide customers with an enhanced one-stop location for retail and services.

New Restaurants

Swiss Chalet and Harvey’s

A combination Swiss Chalet and Harvey’s on a freestanding pad at 18th Street and Richmond Avenue is planned pending final site approval.

East Side Mario’s and Fionn MacCool’s

A combination East Side Mario’s and Fionn MacCool’s on a freestanding pad at the 18th Street entrance is planned pending final site approval.

Thai Express

Thai Express will be opening in the existing Food Court in November 2016.

The new restaurants proposed on the exterior pads will add 13,500 square feet of complementary food services to the existing 8,600 square feet of interior food court and sit down restaurants, resulting in more options for Mall visitors – and the community at large.

The proposed development plans for the freestanding pads are now available for public comment onsite at Guest Services.  The plans are also available online at http://shoppersmallbrandon.com.

There is strong momentum behind the leasing efforts at Shoppers Mall and further new retailers will be announced in the months ahead.

Note to Media:  Renderings of the redevelopment and proposed freestanding pads are available upon request to corporatemarketing@morguard.com.

About Shoppers Mall

Shoppers Mall is a 367,000-square-foot dominant enclosed regional shopping centre located in Brandon, Manitoba.  The Mall features more than 90 retailers offering a merchandise mix of retail, services, entertainment and restaurants. Visit http://shoppersmallbrandon.com.

For further information, contact:

John Levac

Vice President, Asset Management, Morguard REIT

905-281-3800

Morguard Corporate Marketing

905-281-5823

 

April 2016

GoodLife Fitness is coming to Brandon, Manitoba
26,000 sq. ft. co-ed Club will be located in Shoppers Mall on 18th Street.

[London, ON]— GoodLife Fitness will open a 26,000 sq. ft. Club in Brandon, Manitoba located in Shoppers Mall on 18th Street in early in 2017.

The co-ed facility, will be GoodLife’s first location in Brandon and the 8th club in Manitoba.

“We are so excited to be joining the community of Brandon, Manitoba,” says David ‘Patch’ Patchell-Evans, Founder and CEO of GoodLife Fitness. “Brandon is a growing city that has a passion for physical activity. We are looking forward to helping residents achieve their health and fitness goals and live their version of ‘the GoodLife’”.

“Shoppers Mall welcomes GoodLife Fitness to our centre,” said General Manager, Kim James. “The co-ed Club will offer the community a modern, first class facility with amenities that support an active lifestyle.  It will provide our customers with an enhanced one-stop location for retail and services.”

GoodLife Fitness features caring and experienced fitness professionals including: educated and certified personal trainers, MYBootcamp coaches and passionate and certified group fitness instructors. GoodLife also features the world’s leading group fitness classes like Les Mills and Jillian Michaels BODYSHRED™, group cycling, and virtual fitness classes. GoodLife also gives members access to industry-leading strength training and cardio equipment and more.

Amenities for the Club are currently being finalized. Residents are encouraged to keep an eye on www.goodlifefitness.com/upcoming-locations for the latest updates about this location.

GoodLife is expected to employ approximately 40 employees from the community for this location. Anyone interested in working in a fun, no-judgement atmosphere at GoodLife Fitness are encouraged to go to jobs.goodlifefitness.com and apply for a position to join the GoodLife Fitness team.

About GoodLife Fitness

Proudly Canadian since 1979, GoodLife Fitness is the largest fitness company in Canada and the fourth largest in the world. With over 365 clubs from coast-to-coast, including 70 Énergie Cardio and ÉconoFitness Clubs in Quebec, approximately 14,400 employees and more than 1.25 million Members, GoodLife is helping to transform the health and wellness of one in 34 Canadians every day. www.goodlifefitness.com

Media Contact:
Adam Roberts
Public Relations Senior Specialist, GoodLife Fitness
C: 226-377-1815
mediarelations@goodlifefitness.com
www.goodlifefitness.com
Facebook: www.facebook.com/goodlifefitness
Twitter: @goodlifefitness

May 2015

Morguard Real Estate Investment Trust Updates Leasing Activity

TSX: MRT.UN

MISSISSAUGA, ON, May 8, 2015 /CNW/ – Morguard Real Estate Investment Trust (“the Trust”) (TSX: MRT.UN) today announced a property and leasing update.

The Trust has finalized lease arrangements with GoodLife Fitness for a new 24/7, 75,000 square foot club at Parkland Mall in Red Deer, AB, scheduled to open in the spring of 2016. Located in the former Sears store the club model will feature a GoodLife Fitness and Fit4Less by GoodLife in a unique side-by-side format –only the second of its kind in Canada.

Additionally, Canadian Tire has reached an agreement to assume the lease on the former Target store at Aurora Centre, Aurora, ON.  Wal-Mart meanwhile has agreed to assume the former Target lease at Southdale Centre, Winnipeg, MB.  The deals are subject to approval by the court appointed monitor.

“GoodLife Fitness, Canadian Tire and Wal-Mart are all high caliber tenants and are expected to increase foot traffic from primary and secondary trade areas benefiting existing tenants,” said Rai Sahi, President and Chief Executive Officer, Morguard REIT.  “We will continue to work to realize further opportunities for new retailers at these properties.”

The Trust has received notice from Target Canada that they have disclaimed leases in three properties owned/co-owned by the Trust.  In the near term, the leases are still indemnified by Target’s U.S. parent.  The properties disclaimed are Prairie Mall, Grand Prairie, AB (50% co-ownership), Shoppers Mall, Brandon, MB, and Cambridge Centre, Cambridge, ON.  These stores represent 0.3 million square feet of gross leasable area and gross annualized revenue of $2.9 million.

Subsequent to receiving the disclaimer notices, the Trust has commenced negotiations with potential retailers to improve the tenant mix and tenant covenant.

This announcement confirms the resolution of five of the Trust’s original Target locations.

About Morguard Real Estate Investment Trust

The Trust is a closed-end real estate investment trust, which owns a diversified portfolio of 49 high quality retail, office and industrial income producing properties in Canada consisting of approximately 8.6 million square feet of leasable space.

SOURCE Morguard Real Estate Investment Trust

For further information: Pamela McLean, Chief Financial Officer, Tel: 905.281.4800 or John Levac, Vice President, Asset Management, Tel: 905.281.4800.

October 2014

Morguard Recognized as Canada’s Safest Employer in the Retail and Services Category for a Second Year in a Row

MISSISSAUGA, ON, Oct. 29, 2014 – Morguard was recognized as Canada’s Safest Employer achieving a back-to-back Gold Award in the Retail and Services category for its commercial portfolio in Canada. The real estate company also took home a Silver Award in the Wellness category. The two prestigious Awards were presented to Morguard at the Awards Gala on October 28, 2014.

The Thomson Reuters Awards program recognizes Canadian organizations for outstanding performance in workplace health and safety. The Awards submissions were reviewed by an expert judging panel followed by an employee safety perception survey. Judging criteria was based on Leadership and Management Support, Employee Engagement, Communication, Innovation and Injury Statistics.
“A second Gold Award validates the company’s commitment to performance and risk management at our owned and managed commercial real estate portfolio,” said Rai Sahi, Chairman and CEO, Morguard Corporation. “As a responsible employer, we have made valuable investments in people, programs and procedures in targeted areas including health and safety, wellness, emergency management and business continuity planning. ”

Morguard manages approximately three million work hours a year in Canada across its eight regional offices, more than 300 owned and managed commercial properties, and multiple development projects. With more than 120 million people annually who visit the combined portfolio of shopping centres, office towers and industrial properties, Morguard has taken a leadership role in developing and delivering Occupational Health and Safety (OHS) programs by taking proactive measures to make its work places and public spaces safe for all.

“We recognize that our programs are only as strong as our employees who drive their success,” said Sahi. “We have established strong employee engagement. Starting from the Risk Management Group that develops the programs to every staff member responsible for implementing the programs at the property level, our team is empowered for success. There is a direct and measurable impact on the performance of the portfolio because of their efforts.”

About Morguard

Morguard Corporation (TSX: MRC) is a major North American real estate and property management company. It has extensive retail, office, industrial and residential holdings owned directly and through its investment in Morguard REIT (TSX: MRT.UN) and Morguard North American Residential REIT (TSX: MRG.UN). Morguard also provides real estate management services to institutional and other investors. Morguard’s owned and managed real estate portfolio is valued at more than $15 billion.

SOURCE Morguard Corporation

For further information, please contact: Rai Sahi, Chairman and CEO, Morguard Corporation, T 416-281-3800; Beverley G. Flynn, Secretary, Morguard Corporation, T 416-281-3800

October 2013

Morguard Recognized as Canada’s Safest Employer with Two Gold Awards

MISSISSAUGA, ON, Oct. 31, 2013 – Morguard was recognized as Canada’s Safest Employer with two Gold Awards at the 3rd Annual Canada’s Safest Employers Awards Gala on October 30, 2013. The Gold Awards were presented to Morguard in the Retail and Services category and Wellness category.

The Awards program, led by Thomson Reuters, recognizes Canadian organizations for outstanding achievements in workplace health and safety.   The Awards submissions were reviewed by an expert judging panel followed by an employee safety perception survey. Judging criteria was based on Leadership and Management Support, Employee Engagement, Communication, Innovation and Injury Statistics.

“This is a significant accomplishment as it represents our performance of managing 2.8 million work hours a year,” said Rai Sahi, Chairman and Chief Executive Officer, Morguard Corporation. “Our senior management team has taken a leadership role to ensure our Occupational Health and Safety programs extend across our eight regional offices, more than 400 owned and managed properties, and multiple development projects in Canada.”

Morguard manages a combined $13.6 billion of assets on behalf of its corporate owned assets and third party pension fund investments.  Investors depend on Morguard to uphold sound Occupational Health and Safety principles to manage risk and reputation of their respective investments.

“We are thrilled to be honoured with the inaugural Wellness Gold Award”, added Sahi.  “At Morguard we hold employees as our most valuable asset and we understand that the welfare of employees has a direct impact on the success of our company.”

About Morguard

Morguard Corporation (TSX: MRC) is a major North American real estate and property management company.  It has extensive retail, office, industrial and residential holdings owned directly and through its investment in Morguard REIT (TSX:  MRT.UN) and Morguard North American Residential REIT (TSX: MRG.UN).  Morguard also provides real estate management services to institutional and other investors.

SOURCE Morguard Corporation

For further information, please contact:

Beverley G. Flynn, Secretary
Tel: 905.281.3800

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