Morguard North American Residential REIT Declares March 2018 Distribution of $0.0550 per Unit

MISSISSAUGA, ON, March 15, 2018 /CNW/ - Morguard North American Residential Real Estate Investment Trust (the "REIT") (TSX: MRG.UN) today announced that it has declared a distribution of $0.0550 per unit for the month of March 2018.  The distribution will be payable on April 16, 2018 to unitholders of record as at March 29, 2018.

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 16 Canadian residential apartment communities, located in Alberta and Ontario, and 30 U.S. residential apartment communities located in Colorado, Texas, Louisiana, Illinois, Georgia, Florida, North Carolina, Virginia and Maryland consisting of approximately 13,000 residential suites.

For more information, please visit Morguard.com.

SOURCE Morguard North American Residential Real Estate Investment Trust

Morguard North American Residential REIT: K. Rai Sahi, Chief Executive Officer, T 905-281-3800, Robert D. Wright, Chief Financial Officer, T 905-281-3800

Related Links

www.morguard.com