quartr
MRG.UN: Q2 2026 results show lower income but improving leasing momentum and stable financial strength
Q2 2026 saw lower net income and NOI due to higher vacancies and operating costs, but average rents rose in both Canada and the U.S. Occupancy is expected to stabilize, with incentives trending down and leasing activity improving. Leverage remains conservative, and liquidity is strong.Based on Morg…