Morguard REIT Declares February 2012 Distribution of 7.5 Cents Per Unit

Feb 15, 2012

MISSISSAUGA, ON, Feb. 15, 2012 /CNW/ - Morguard Real Estate Investment Trust (TSX: MRT.UN) today announced that it has declared a distribution of 7.5 cents per unit for the month of February 2012. The distribution will be payable on March 15, 2012 to unitholders of record as at February 29, 2012.

Morguard REIT is a closed-end real estate investment trust, which owns a diversified portfolio of 53 high quality retail, office and mixed-use properties in Canada with an approximate value of $2.1 billion and comprising approximately 8.5 million square feet of leaseable space.

For further information:

Mr. K. (Rai) Sahi
Chief Executive Officer
Morguard Real Estate Investment Trust
55 City Centre Drive, Suite 1000
Mississauga, ON
L5B 1M3

T: 905 281-4800
F: 905-281-4818
Email: rsahi@morguard.com

Website: www.morguardreit.com