Morguard REIT declares May 2009 distribution of 7.5 cents per unit

    MISSISSAUGA, ON, May 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 May 2009. The distribution will be payable on June
15, 2009 to unitholders of record as at May 29, 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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