Morguard North American Residential REIT declares April 2013 distribution of 5 cents per unit

Apr 15, 2013

MISSISSAUGA, ON, April 15, 2013 /CNW/ - Morguard North American Residential Real Estate Investment Trust (the "REIT") (TSX: MRG.UN) today announced that it has declared a distribution of 5 cents per unit for the month of April 2013.  The distribution will be payable on May 15, 2013 to unitholders of record as at April 30, 2013.

About Morguard North American Residential REIT

The REIT is an unincorporated, open-ended real estate investment trust which owns, through a limited partnership, interests in a portfolio of 14 Canadian residential apartment buildings and 12 U.S. residential walk-up garden communities consisting of 7,408 residential suites that are located in Ontario, Alberta, Louisiana and Florida.

SOURCE: Morguard North American Residential Real Estate Investment Trust

For further information:

Morguard North American Residential REIT

K. (Rai) Sahi 
Chief Executive Officer 
(905) 281-3800

Beverley G. Flynn
General Counsel & Secretary
(905) 281-3800