GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Morguard Corp (TSX:MRC) » Definitions » Buildings And Improvements

Morguard (TSX:MRC) Buildings And Improvements : C$86 Mil (As of Mar. 2025)


View and export this data going back to 1962. Start your Free Trial

What is Morguard Buildings And Improvements?

Morguard's quarterly buildings and improvements increased from Sep. 2024 (C$85 Mil) to Dec. 2024 (C$86 Mil) and increased from Dec. 2024 (C$86 Mil) to Mar. 2025 (C$86 Mil).

Morguard's annual buildings and improvements increased from Dec. 2022 (C$333 Mil) to Dec. 2023 (C$335 Mil) but then declined from Dec. 2023 (C$335 Mil) to Dec. 2024 (C$86 Mil).


Morguard Buildings And Improvements Historical Data

The historical data trend for Morguard's Buildings And Improvements can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Morguard Buildings And Improvements Chart

Morguard Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Buildings And Improvements
Get a 7-Day Free Trial Premium Member Only Premium Member Only 561.15 513.58 332.64 334.97 85.78

Morguard Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Buildings And Improvements Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 84.43 84.70 85.08 85.78 86.14

Morguard Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction.  Broker and architect fees, permits, etc. can be covered within this category.  Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized.  Improvements are commonly recorded at acquisition cost.  Building improvement examples include roofing, remodeling, replacements, etc.


Morguard Business Description

Industry
Traded in Other Exchanges
Address
55 City Centre Drive, Suite 1000, Legal Department, Mississauga, ON, CAN, L5B 1M3
Morguard Corp is a real estate company that acquires, owns, and develops properties in Canada and the United States. The company operates through three business divisions: multi-suite residential, retail, office, and hotel. and the majority of its revenue is generated from the Multi-suite Residential segment. Geographically, the company operates in the United States and Canada. The company also offers real estate management services and property investment advisory services.
Executives
Sime Armoyan 10% Security Holder
Bruce Keith Robertson Director
Kuldip Rai Sahi 10% Security Holder, Director, Director or Senior Officer of 10% Security Holder, Senior Officer
Chris J. Cahill Director
William James Braithwaite Director
David King Director