Morguard REIT declares October 2009 distribution of 7.5 cents per unit

Oct 15, 2009

MISSISSAUGA, ON, Oct. 15 /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 October 2009. The distribution will be payable on November 13, 2009 to unitholders of record as at October 30, 2009.

Morguard REIT is a closed-end real estate investment trust, which owns a diversified portfolio of 50 high quality retail, office and industrial properties in Canada with an approximate asset book value of $1.2 billion and approximately 7.6 million square feet of leaseable space.

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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