Morguard North American Residential REIT declares October 2012 distribution of 5 cents per unit

MISSISSAUGA, ON, Oct. 15, 2012 /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 October 2012.  The distribution will be payable on November 15, 2012 to unitholders of record as at October 31, 2012.

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 six U.S. residential walk-up garden communities consisting of 6,376 residential suites that are located in Ontario, Alberta, Louisiana and Florida.

SOURCE: Morguard North American Residential Real Estate Investment Trust

Morguard North American Residential REIT

K. (Rai) Sahi
Chief Executive Officer
[phone]    

Beverley G. Flynn
General Counsel & Secretary
[phone]