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

Jul 15, 2013

MISSISSAUGA, ON, July 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 July 2013.  The distribution will be payable on August 15, 2013 to unitholders of record as at July 31, 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 communities, located in Alberta and Ontario, and 30 U.S. low-rise and mid-rise, garden-style apartment communities located in Alabama, Colorado, Florida, Georgia, Louisiana, North Carolina and Texas consisting of 12,850 residential suites.

Morguard North American Residential REIT

 

 

SOURCE: Morguard North American Residential Real Estate Investment Trust

For further information:

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

Paul Miatello
Chief Financial Officer
(905) 281-3800