Morguard REIT declares September 2009 distribution of 7.5 cents per unit

MISSISSAUGA, ON, Sept. 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 September 2009 . The distribution will be payable on October 15, 2009 to unitholders of record as at September 30, 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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For further information: Mr. K. (Rai) Sahi, Chief Executive Officer, Morguard Real Estate Investment Trust, 55 City Centre Drive, Suite 1000, Mississauga, ON, L5B 1M3, T: [phone], F: [phone], Email: [email protected], Website: www.morguardreit.com