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Morgan Meighen Announces Completion of Purchase of Historical Building, 10 Toronto Street
Morgan Meighen & Associates Limited announces the successful closing of the purchase of the property located at 10 Toronto Street, Toronto, Ontario by the real estate affiliate of the Company.
The building at 10 Toronto Street, one of the City's longest surviving stone buildings with origins going back to the 1850s, is located in Downtown Toronto's financial core. It has a storied history, built for the Province of Upper Canada as the No. 7 Post Office, later to be tenanted by the Bank of Canada and, more latterly, Argus Corporation Limited. The intention is to conduct restoration work on this well recognized Toronto landmark to which Morgan Meighen intends to relocate its permanent offices.
One of Canada's oldest independent investment managers, Morgan Meighen & Associates Limited has been managing Canadian and international portfolios for over 50 years. With over $1.3 billion under management, it provides services to various clients including a family of closed-end funds: Third Canadian General Investment Trust Limited (founded in 1928); Canadian General Investments, Limited (1930) and Canadian World Fund Limited (1994). Morgan Meighen also provides investment management services to private clients through its Private Wealth Management division.
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Daily NewsTags: ,FinancialServices:PersonalFinance, RealEstate and Construction:CommercialRealEstate, RealEstateandConstruction:Construction, RealEstateandConstruction:ResidentialRealEstate, ,GA,TORONTO, ONTARIO
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