February 2020: Origin Merchant Partners Provides Fairness Opinion on the Proposed Acquisition of Temple Hotels by Morguard Corp.

February 2020: Origin Merchant Partners Provides Fairness Opinion on the Proposed Acquisition of Temple Hotels by Morguard Corp.

By Tracey Lamping's

All Transactions, Real Estate Advisory

April 5, 2020

Origin Merchant Partners is pleased to provide a Fairness opinion to the Special Committee of the Board of Directors of Temple Hotels Inc. (ā€œTempleā€) with respect to a proposed acquisition by Morguard Corporation (ā€œMorguardā€) for all of the outstanding shares of Temple that it does not already own.

Temple Hotels Inc. is a hotel investment company with hotel properties located in primary and secondary markets across Canada. Itsā€™ headquarters are located in Winnipeg.

Morguard Corporation is a fully integrated real estate company. Morguard owns, manages and invests in high-quality, well-located, geographically diversified assets across North America. With 40 years of experience and a dynamic team of 1,500 professionals, their commitment is to realize the potential of real estate through value creation and operational excellence. Morguardā€™s total assets owned and under management is valued at $21.3 billion.

Origin Senior Lead:Ā Charles Pennock