| Morguard North American Residential REIT Declares June 2018 Distribution of $0.0550 per Unit | GP0|#f6ee19df-6c3a-4081-bd74-668207df6964;L0|#0f6ee19df-6c3a-4081-bd74-668207df6964|Morguard;GTSet|#bbd2a0ca-f457-44e3-b106-3c8139b9e1fa | GP0|#a9eac8ae-d456-40d5-af28-dc36ae543995;L0|#0a9eac8ae-d456-40d5-af28-dc36ae543995|Morguard North American Residential REIT;GTSet|#08f799fb-3b4e-446d-9e79-1b6ddfdd40a2;GP0|#50f77e71-a149-46fd-90c2-9f738ea9df00;L0|#050f77e71-a149-46fd-90c2-9f738ea9df00|Real Estate Investment | 2018-06-15T04:00:00Z | <font color="#000000" face="Times New Roman" size="3">
</font><p>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 June 2018. The distribution will be payable on July 16, 2018 to
unitholders of record as at June 29, 2018.</p><font color="#000000" face="Times New Roman" size="3">
</font><p><strong>About Morguard North
American Residential REIT</strong></p><font color="#000000" face="Times New Roman" size="3">
</font><p>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.</p><font color="#000000" face="Times New Roman" size="3">
</font><p>For more information, please
visit <a href="/" target="_blank">Morguard.com</a>.</p><font color="#000000" face="Times New Roman" size="3">
</font><font color="#000000" face="Times New Roman" size="3">
</font><p><img src="https://rt.newswire.ca/rt.gif?NewsItemId=C6685&Transmission_Id=201806151000CANADANWCANADAPR_C6685&DateId=20180615" border="0" alt="" style="border-width:0px;margin:5px;width:1px;" /></p><font color="#000000" face="Times New Roman" size="3">
</font><p>For further information:
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</p><font color="#000000" face="Times New Roman" size="3">
</font> | https://www.morguard.com/news-knowledge/posts/morguard-narreit-jun2018-distribution | | |
| Morguard Real Estate Investment Trust Declares June 2018 Distribution of 8 Cents per Unit | GP0|#f6ee19df-6c3a-4081-bd74-668207df6964;L0|#0f6ee19df-6c3a-4081-bd74-668207df6964|Morguard;GTSet|#bbd2a0ca-f457-44e3-b106-3c8139b9e1fa | GP0|#ca7174ac-6e4b-4ce1-b570-12f3c9be8efe;L0|#0ca7174ac-6e4b-4ce1-b570-12f3c9be8efe|Morguard REIT;GTSet|#08f799fb-3b4e-446d-9e79-1b6ddfdd40a2;GP0|#50f77e71-a149-46fd-90c2-9f738ea9df00;L0|#050f77e71-a149-46fd-90c2-9f738ea9df00|Real Estate Investment | 2018-06-15T04:00:00Z | <font color="#000000" face="Times New Roman" size="3">
</font><p>Morguard Real Estate Investment
Trust (the "Trust") (TSX: MRT.UN) today announced that it has
declared a distribution of 8 cents per unit for the month of June 2018.
The distribution will be payable on July 16, 2018 to unitholders of record as
at June 29, 2018.</p><font color="#000000" face="Times New Roman" size="3">
</font><p><strong>About Morguard Real Estate
Investment Trust</strong></p><font color="#000000" face="Times New Roman" size="3">
</font><p>The Trust is a closed-end real
estate investment trust, which owns a diversified portfolio of 49 high quality
retail, office and industrial income producing properties in Canada consisting
of approximately 8.6 million square feet of leaseable space.</p><font color="#000000" face="Times New Roman" size="3">
</font><p>For more information, please
visit Morguard.com.</p><font color="#000000" face="Times New Roman" size="3">
</font><font color="#000000" face="Times New Roman" size="3">
</font><p><img src="https://rt.newswire.ca/rt.gif?NewsItemId=C4772&Transmission_Id=201806151100CANADANWCANADAPR_C4772&DateId=20180615" alt="" style="border-width:0px;margin:5px;width:1px;" /></p><font color="#000000" face="Times New Roman" size="3">
</font><p>For further information:
Morguard Real Estate Investment Trust: K. Rai Sahi, President and Chief
Executive Officer, T 905-281-4800; Pamela McLean, Vice President and Chief
Financial Officer; T 905-281-4800</p><font color="#000000" face="Times New Roman" size="3">
</font> | https://www.morguard.com/news-knowledge/posts/morguard-reit-jun2018-distribution | | |
| Morguard Brings Home Two More HOOPP LEAP Awards for Sustainability Excellence | GP0|#f6ee19df-6c3a-4081-bd74-668207df6964;L0|#0f6ee19df-6c3a-4081-bd74-668207df6964|Morguard;GTSet|#bbd2a0ca-f457-44e3-b106-3c8139b9e1fa | GP0|#14ddfd02-772e-4184-813f-3edbb2e94651;L0|#014ddfd02-772e-4184-813f-3edbb2e94651|Morguard Corporation;GTSet|#08f799fb-3b4e-446d-9e79-1b6ddfdd40a2;GP0|#50f77e71-a149-46fd-90c2-9f738ea9df00;L0|#050f77e71-a149-46fd-90c2-9f738ea9df00|Real Estate Investment;GP0|#3e31cf64-7302-4306-b3fd-abaa24a28863;L0|#03e31cf64-7302-4306-b3fd-abaa24a28863|Property Management | 2018-06-06T04:00:00Z | <font color="#000000" face="Times New Roman" size="3">
</font><p>For the fifth consecutive year,
Morguard Investments Limited ("Morguard") has been recognized by
Healthcare of Ontario Pension Plan ("HOOPP") for the company's
exemplary focus on sustainability best practices. In 2018, Morguard adds two
Leadership in Environmental Advancement Program ("LEAP") Awards to
its collection, which now includes 14 distinctions across nine categories since
the program's initiation in 2012.</p><font color="#000000" face="Times New Roman" size="3">
</font><p>Morguard's continued commitment
to the increased efficiency of its properties is supported by innovative
technology solutions combined with strong partnership and collaboration with
its investors and property tenants. This year's recognition by HOOPP highlights
Morguard's ongoing pursuit of property management excellence as part of an
effort to continuously better serve its tenants and the communities in which it
operates.</p><font color="#000000" face="Times New Roman" size="3">
</font><p>"Our focus on Responsible
Property Investing as a best practice allows us to identify and incorporate
environmentally responsible initiatives proactively and efficiently. Moreover,
effective collaboration with our partners and tenants is fundamental to our ability
to uphold and constantly improve sustainability practices at our
properties," said K. Rai Sahi, Chairman and CEO, Morguard Corporation.
"We are honoured to be recognized as change drivers and pioneers in
innovative approaches to sustainability. This is an opportunity for Morguard
and our key stakeholders to strengthen our shared commitment to both value
creation and operational excellence."</p><font color="#000000" face="Times New Roman" size="3">
</font><p>"I am pleased to
congratulate our real estate partner, Morguard, for their contribution toward
sustainability and energy saving. Last night at HOOPP's LEAP Awards they were
recognized for Building Performance: Energy Saver, and Collaboration: Tenant
Leader," said Stephen Taylor, Vice President, HOOPP Real Estate. "To
have partners like Morguard committed to reducing the overall environmental
impact of buildings is something we are pleased to recognize."</p><font color="#000000" face="Times New Roman" size="3">
</font><p>Morguard was recognized for
excellence in the following categories: </p><font color="#000000" face="Times New Roman" size="3">
</font><p><strong>Energy Saver: Performance
Award</strong><br><strong>
Robson Central, Vancouver, British Columbia </strong></p><font color="#000000" face="Times New Roman" size="3">
</font><p>Morguard received the Energy
Saver: Performance Award for the outstanding reduction in energy
consumption in 2017 at <a href="http://www.morguardleasing.com/building.php?building=4283619167864473942&province=All®ion=All&sub-region=All&SuiteType=All&Size=All&Availability=All&show_no_vacancy=on&lang=en_CA" target="_blank">Robson Central</a>. The HOOPP LEAP Award recognized a
remarkable 20 per cent reduction in normalized energy intensity in 2017 versus
the previous year; the building's 2017 energy spend was 54.2 equivalent
kilowatts per hour (ekWh) per square foot (SF), down from 68.6 ekWh/sf in 2016.
</p><font color="#000000" face="Times New Roman" size="3">
</font><p>Morguard shares this LEAP Award
with its tenants at the 130,000-square-foot, Class A, office building. These
remarkable energy savings are the result of Morguard and its tenants' combined
efforts to advance sustainability best practices to achieve energy savings.
Project success relied on the tenants' and property manager's collective
openness to working together to pursue common benefits and overcome unexpected
challenges. Thanks to the continuous involvement, communication and
collaboration of major tenants, including media companies Bell Media/CTV and
the Globe and Mail, as well as retail tenants Shoppers Drug Mart and Victoria's
Secret, among other retailers, the energy savings are consistently sustainable
throughout the 24-hour / 7-day cycle on which the building operates and serves
its tenants and surrounding community.</p><font color="#000000" face="Times New Roman" size="3">
</font><p>Read the <a href="/_layouts/15/FIXUPREDIRECT.ASPX?WebId=34df4250-cd2c-4a77-ac2f-305ac61b278e&TermSetId=5078c29a-2b54-4c64-bee4-5ba49b00096c&TermId=a4394394-74bd-433c-8d4a-e4f4acd4274e" target="_blank">Robson Central</a> case study on morguard.com.</p><font color="#000000" face="Times New Roman" size="3">
</font><p><strong>Tenant Leader: Commercial
Award</strong><br><strong>
BluEarth Renewables, 11th Avenue Place, Calgary </strong></p><font color="#000000" face="Times New Roman" size="3">
</font><p>Morguard received the Tenant
Leader: Commercial Award for exceptional collaboration between the property
manager at <a href="http://www.11thavenueplace.com/" target="_blank">11th
Avenue Place</a> and tenant, BluEarth Renewables. </p><font color="#000000" face="Times New Roman" size="3">
</font><p>The LEAP Award recognizes and
celebrates the property's excellence in energy performance and environmental
sustainability, made tangible through relevant renovations such as the
installation of electrical vehicle charging stations, the construction of bike
storage lockers and cages, on-site fitness and shared conference facilities and
the installation of utility sub-metering to allow accurate readings of
consumption among other energy efficient savvy initiatives.</p><font color="#000000" face="Times New Roman" size="3">
</font><p>Built in 2015, the
200,000-square-foot, Class A, office building, which is pending LEED
("Leadership in Energy and Environmental Design") Gold certification,
is also a testament to Morguard's commitment to working collaboratively with
tenants to promote responsible energy consumption and drive cultural changes
toward environmentally-friendly alternatives in the communities it serves.
Through forward-thinking initiatives such as active recycling and composting,
the building has become a model within the Calgary community of conscious
engagement with environmental initiatives resulting in long-term impacts.</p><font color="#000000" face="Times New Roman" size="3">
</font><p>Read the <a href="/_layouts/15/FIXUPREDIRECT.ASPX?WebId=34df4250-cd2c-4a77-ac2f-305ac61b278e&TermSetId=5078c29a-2b54-4c64-bee4-5ba49b00096c&TermId=f4708e52-3a24-4f19-b09d-632edc3d0967" target="_blank">11th Avenue Place</a> case study on morguard.com.</p><font color="#000000" face="Times New Roman" size="3">
</font><p>2018 marks the third
consecutive year that Morguard has received recognition in the Tenant Leader
category. Prior to this year's Award, Morguard's Beckta Dining & Wine Bar
and Performance Court in Ottawa and New Sudbury Centre in Sudbury won the
Tenant Leader: Retail Award in 2016 and 2017 respectively.</p><font color="#000000" face="Times New Roman" size="3">
</font><p><strong>About Morguard </strong><br>
Morguard Investments
Limited, a wholly-owned subsidiary of Morguard Corporation (TSX: MRC), provides
real estate advisory services and property management to institutional
investors. Morguard Corporation is a major North American real estate
company. It has extensive retail, office, industrial, multi-suite residential,
and hotel holdings owned directly, or through its investment in Morguard REIT
(TSX: MRT.UN), Morguard North American Residential REIT (TSX: MRG.UN) and
Temple Hotels Inc. (TSX: TPH). Morguard's combined real estate portfolio is
valued at $15.5 billion. For more information, please visit <a href="/" target="_blank">www.morguard.com</a> or follow
us on <a href="https://ca.linkedin.com/company/morguard" target="_blank">LinkedIn</a>.</p><font color="#000000" face="Times New Roman" size="3">
</font><p><strong>About the Healthcare of
Ontario Pension Plan</strong><br>
Created in 1960, HOOPP
is a multi-employer contributory defined benefit plan for Ontario's hospital
and community-based healthcare sector with 548 participating employers. HOOPP's
membership includes nurses, medical technicians, food services staff and
housekeeping staff, and many other people who work hard to provide valued
Ontario healthcare services. In total, HOOPP has more than 339,000 active,
deferred and retired members. </p><font color="#000000" face="Times New Roman" size="3">
</font><p>As a defined benefit plan,
HOOPP provides eligible members with a retirement income based on a formula
that takes into account a member's earnings history and length of service in
the Plan. HOOPP is governed by a <a href="https://hoopp.com/about-hoopp/pension-leadership/hoopp-board-of-trustees" target="_blank">Board of Trustees</a> with representation from the Ontario
Hospital Association (OHA) and four unions: the Ontario Nurses' Association
(ONA), the Canadian Union of Public Employees (CUPE), the Ontario Public
Service Employees' Union (OPSEU), and the Service Employees International Union
(SEIU). The unique governance model provides representation from both
management and workers in support of the long-term interests of the Plan.
<img src="https://rt.newswire.ca/rt.gif?NewsItemId=C5293&Transmission_Id=201806061410CANADANWCANADAPR_C5293&DateId=20180606" border="0" alt="" style="border-width:0px;margin:5px;width:1px;" /></p><font color="#000000" face="Times New Roman" size="3">
</font><p>For further information: K. Rai
Sahi, Chairman and Chief Executive Officer, 905-281-3800; Beverley G. Flynn,
Vice President and General Counsel, 905-281-3800; Christine Wickett, Manager,
Corporate Sustainability & Responsibility, 905-281-3800 or email <a href="mailto:sustainability@morguard.com">sustainability@morguard.com</a>.</p><font color="#000000" face="Times New Roman" size="3">
</font> | https://www.morguard.com/news-knowledge/posts/morguard-wins-two-2018-hoopp-leap-awards | | |
| Morguard Wins Two ICSC Visual Victories Awards for Specialty Leasing | GP0|#f6ee19df-6c3a-4081-bd74-668207df6964;L0|#0f6ee19df-6c3a-4081-bd74-668207df6964|Morguard;GTSet|#bbd2a0ca-f457-44e3-b106-3c8139b9e1fa | GP0|#14ddfd02-772e-4184-813f-3edbb2e94651;L0|#014ddfd02-772e-4184-813f-3edbb2e94651|Morguard Corporation;GTSet|#08f799fb-3b4e-446d-9e79-1b6ddfdd40a2;GP0|#50f77e71-a149-46fd-90c2-9f738ea9df00;L0|#050f77e71-a149-46fd-90c2-9f738ea9df00|Real Estate Investment;GP0|#328c01de-49ad-45ac-a0e7-062925cae18f;L0|#0328c01de-49ad-45ac-a0e7-062925cae18f|Retail Specialty Leasing;GP0|#3e31cf64-7302-4306-b3fd-abaa24a28863;L0|#03e31cf64-7302-4306-b3fd-abaa24a28863|Property Management | 2018-06-04T04:00:00Z | <font color="#000000" face="Times New Roman" size="3"> </font>
<p>
<span lang="EN-US">Morguard is proud to announce that two specialty leasing retailers - Royal Bee at Lawson Heights and Natural Wonders at Prairie Mall - have been awarded International Council of Shopping Centres (“ICSC”) Visual Victories Awards. The awards, which recognize excellence in visual merchandising for cart, kiosk and temporary retailers, are held annually and are open to retailers around the world. Both retailers received Silver awards for Most Improved Retail Design (RMU or Kiosk).</span></p>
<font color="#000000" face="Times New Roman" size="3"> </font>
<font color="#000000" face="Times New Roman" size="3"> </font>
<p>
<span lang="EN-US">“We’re very proud that Royal Bee and Natural Wonders have been recognized on a global level for their innovative kiosk redesigns,” said Jennifer Thomas, Director of National Specialty Leasing at Morguard. “We pride ourselves on an innovative approach to specialty leasing and have been recognized in the industry for our drive to take our program in new, exciting directions.”</span></p>
<font color="#000000" face="Times New Roman" size="3"> </font>
<font color="#000000" face="Times New Roman" size="3"> </font>
<p>
<span lang="EN-US">Royal Bee, at Morguard-managed Lawson Heights in Saskatoon, SK, provides skin care consultation, services and products. Their transformative redesign created three consultation cubicles with separate seating and warm lighting for a comfortable and aesthetically pleasing environment.</span></p>
<font color="#000000" face="Times New Roman" size="3"> </font>
<font color="#000000" face="Times New Roman" size="3"> </font>
<p>
<span lang="EN-US">Natural Wonders, at Morguard owned and managed Prairie Mall in Grande Prairie, AB, provides luxury hand-made soap, bath and skin care products made with natural ingredients.</span><span lang="EN-US"> </span>
<span lang="EN-US">Their elevated redesign incorporates dark stained crates with colorful signage to add depth and dimension, as well as organic materials and live plants to reinforce the product’s all-natural positioning.</span></p>
<font color="#000000" face="Times New Roman" size="3"> </font>
<font color="#000000" face="Times New Roman" size="3"> </font>
<p>
<span lang="EN-US">Specialty Leasing at Morguard operates in the Company’s more than 20 owned and managed shopping centres across Canada and the U.S. With more than 106 million shoppers walking through Morguard malls on an annual basis, retail merchandising units and kiosk locations provide excellent opportunity for new business owners and independent retailers to gain immediate exposure and maximize sales in prime retail locations.</span></p><p>
<span lang="EN-US">Learn more about Morguard Retail Specialty Leasing
<a href="/_layouts/15/FIXUPREDIRECT.ASPX?WebId=34df4250-cd2c-4a77-ac2f-305ac61b278e&TermSetId=5078c29a-2b54-4c64-bee4-5ba49b00096c&TermId=f4b5ffea-7b4a-49f6-9d48-cf37964b289e">here</a> and visit us on
<a href="https://www.facebook.com/SpecialtyLeasingMorguard">Facebook</a>.</span></p><p><span lang="EN-US"><img src="/PublishingImages/News_Knowledge/Posts/2018-Visual-Victories.jpg" alt="" style="margin:5px;" /></span></p><br>
<p>
<span lang="EN-US"></span></p>
<font color="#000000" face="Times New Roman" size="3"> </font> | https://www.morguard.com/news-knowledge/posts/2018-visual-victory-awards | | |
| Performance Court Wins TOBY – The Outstanding Building of the Year Award – at BOMA Ottawa’s Celebration of Excellence Lunch | GP0|#f6ee19df-6c3a-4081-bd74-668207df6964;L0|#0f6ee19df-6c3a-4081-bd74-668207df6964|Morguard;GTSet|#bbd2a0ca-f457-44e3-b106-3c8139b9e1fa | GP0|#14ddfd02-772e-4184-813f-3edbb2e94651;L0|#014ddfd02-772e-4184-813f-3edbb2e94651|Morguard Corporation;GTSet|#08f799fb-3b4e-446d-9e79-1b6ddfdd40a2;GP0|#50f77e71-a149-46fd-90c2-9f738ea9df00;L0|#050f77e71-a149-46fd-90c2-9f738ea9df00|Real Estate Investment;GP0|#3e31cf64-7302-4306-b3fd-abaa24a28863;L0|#03e31cf64-7302-4306-b3fd-abaa24a28863|Property Management | 2018-05-30T04:00:00Z | <p>Morguard is proud to announce that Performance Court, an office tower located at 150 Elgin Street in Ottawa, ON, has won BOMA Ottawa's 2018 The Outstanding Building of the Year (TOBY) award in the Office Building Category, 250,000 to 499,999 square feet. The property is co-owned by Morguard Corporation and Healthcare of Ontario Pension Plan (HOOPP), and is managed by Morguard.</p><p>The TOBY award is the most prestigious and comprehensive program of its kind in the commercial real estate industry, rewarding excellence in building management. All facets of a building's operations are thoroughly evaluated including building standards, community impact, tenant relations, energy conservation and more. With this win, Performance Court moves on to the BOMA Canada awards being held in October.</p><p>"BOMA Ottawa's recognition of Performance Court with a TOBY is testament to the property's ingrained commitment to sustainability and responsible property management practices," said Tullio Capulli, Vice President Property Management and Leasing at Morguard. "My thanks to our on-site team, our tenants and our partners at HOOPP for their unwavering efforts in making Performance Court an environmental leader in Ottawa."</p><p>Performance Court is a 360,000 square foot, 21-storey office tower located in Ottawa's central business district. The award-winning property includes a seventh-floor public terrace, a pocket park, an art gallery and a 140-year-old heritage structure preserved partly within its walls.</p><p>Certified both LEED Gold Core & Shell and BOMA BEST Platinum, sustainability has been a <a href="http://www.150elgin.com/sustainability-150elginstreet.html"><span lang="EN" style="text-decoration:underline;">core component</span></a> of Performance Court since its development by Morguard in 2013, demonstrating its state of the art design to create maximum energy and operational efficiency while increasing tenant comfort, health and well-being.</p><p>By integrating the principles of sustainability into the Company's property management platform, Morguard creates better places for people to work and live while aligning with Responsible Property Investing ("RPI") principles. <a href="/company/sustainability"><span lang="EN" style="text-decoration:underline;">Sustainable Morguard</span></a>, the Company's in-house sustainability program, aims to reduce the environmental footprint of Morguard properties, improve health and safety, and enhance tenant satisfaction.</p><p><img src="/PublishingImages/News_Knowledge/Posts/150Elgin_TOBY.jpg" alt="" style="margin:5px;" /></p> | https://www.morguard.com/news-knowledge/posts/performance-court-wins-toby-award | | |
| Holt Renfrew Centre and 201 City Centre Drive Win Earth Awards at BOMA Toronto Celebration of Excellence Gala | GP0|#f6ee19df-6c3a-4081-bd74-668207df6964;L0|#0f6ee19df-6c3a-4081-bd74-668207df6964|Morguard;GTSet|#bbd2a0ca-f457-44e3-b106-3c8139b9e1fa | GP0|#14ddfd02-772e-4184-813f-3edbb2e94651;L0|#014ddfd02-772e-4184-813f-3edbb2e94651|Morguard Corporation;GTSet|#08f799fb-3b4e-446d-9e79-1b6ddfdd40a2;GP0|#50f77e71-a149-46fd-90c2-9f738ea9df00;L0|#050f77e71-a149-46fd-90c2-9f738ea9df00|Real Estate Investment;GP0|#3e31cf64-7302-4306-b3fd-abaa24a28863;L0|#03e31cf64-7302-4306-b3fd-abaa24a28863|Property Management | 2018-05-25T04:00:00Z | <font color="#000000" face="Times New Roman" size="3">
</font><p><span lang="EN">Morguard is proud to announce that two
Morguard-managed properties were recognized with BOMA Earth Awards at the BOMA
Toronto Celebration of Excellence gala. The Holt Renfrew Centre at 50 Bloor
Street West in Toronto was awarded the BOMA Earth Award in the Shopping Centre
category, while 201 City Centre Drive in Mississauga, ON, won in the Office
category. </span></p><font color="#000000" face="Times New Roman" size="3">
</font><font color="#000000" face="Times New Roman" size="3">
</font><p><span lang="EN">The Earth awards recognize buildings
and their teams for excellence in environmentally sound commercial building
management and are awarded to the highest scoring BOMA BEST® certified properties
in Toronto over the past 12 months.</span></p><font color="#000000" face="Times New Roman" size="3">
</font><font color="#000000" face="Times New Roman" size="3">
</font><p><span lang="EN">The Holt Renfrew Centre received an
incredible 96.7% on their recent BOMA BEST certification to take the prize. This
marks the third Earth Award for Holt Renfrew Centre, with previous wins in 2015
and 2013. With this win, the Holt Renfrew Centre now moves on to the BOMA
Canada awards being held in October.</span></p><font color="#000000" face="Times New Roman" size="3">
</font><font color="#000000" face="Times New Roman" size="3">
</font><p><span lang="EN">“We’re incredibly proud of the
continued performance at the Holt Renfrew Centre, who is leading the pack for sustainable
property management in Toronto,” said Scott Harris, General Manager, Toronto
Urban Properties at Morguard. “A green management platform not only creates a
better environment for people to work and shop, it meets the Responsible
Property Investing (RPI) requirements that are so important to our clients.”</span></p><font color="#000000" face="Times New Roman" size="3">
</font><font color="#000000" face="Times New Roman" size="3">
</font><p><span lang="EN">In conjunction with the Earth Award,
Holt Renfrew Centre received its third consecutive BOMA BEST Platinum
certification, the highest possible BOMA rating. Of the over 2,700 BOMA
certified buildings across Canada, only 4% have achieved Platinum status.</span></p><font color="#000000" face="Times New Roman" size="3">
</font><font color="#000000" face="Times New Roman" size="3">
</font><p><span lang="EN">201 City Centre Drive, who achieved
Platinum status in 2017, was recognized with an Earth award in the Office
category. </span></p><font color="#000000" face="Times New Roman" size="3">
</font><font color="#000000" face="Times New Roman" size="3">
</font><p><span lang="EN">“Sustainability has always been a
fundamental aspect of Morguard's culture and daily operations and this Earth
award recognizes our ingrained commitment to environmental best practices,"
said Tullio Capulli, Vice President Property Management & Leasing at
Morguard. “I am proud that Morguard's Operations team and our tenants share the
same strong commitment to sustainable building management.” </span></p><font color="#000000" face="Times New Roman" size="3">
</font><font color="#000000" face="Times New Roman" size="3">
</font><p><span lang="EN">The continued high environmental
performance of the properties is due to constantly evolving sustainability
efforts and ongoing environmental management and reporting through the in-house
</span><span lang="EN-US"><a href="/_layouts/15/FIXUPREDIRECT.ASPX?WebId=34df4250-cd2c-4a77-ac2f-305ac61b278e&TermSetId=5078c29a-2b54-4c64-bee4-5ba49b00096c&TermId=6bd0d196-a159-42ea-936e-5b43d9973e0a"><span lang="EN">Sustainable Morguard</span></a></span><span lang="EN"> platform.</span></p><font color="#000000" face="Times New Roman" size="3">
</font><font color="#000000" face="Times New Roman" size="3">
</font><p><span lang="EN">This is the second and third BOMA Earth
Award for Morguard in recent days. 400 St. Mary, an office property in downtown
Winnipeg, was </span><span lang="EN-US"><a href="/_layouts/15/FIXUPREDIRECT.ASPX?WebId=34df4250-cd2c-4a77-ac2f-305ac61b278e&TermSetId=5078c29a-2b54-4c64-bee4-5ba49b00096c&TermId=60c8e8b3-21f0-4628-b742-053a58d107a3"><span lang="EN">awarded the BOMA Manitoba Earth Award</span></a></span><span lang="EN"> in the Office category. </span></p><p style="margin:0in 0in 0pt;line-height:normal;"><font color="#000000" size="3"><span lang="EN" style="font-family:"arial",sans-serif;"></span></font><br></p><font color="#000000" face="Times New Roman" size="3">
</font> | https://www.morguard.com/news-knowledge/posts/morguard-wins-two-earth-awards | | |
| Morguard’s 400 St. Mary Wins BOMA Manitoba Earth Award for Excellence in Sustainable Real Estate Management | GP0|#f6ee19df-6c3a-4081-bd74-668207df6964;L0|#0f6ee19df-6c3a-4081-bd74-668207df6964|Morguard;GTSet|#bbd2a0ca-f457-44e3-b106-3c8139b9e1fa | GP0|#14ddfd02-772e-4184-813f-3edbb2e94651;L0|#014ddfd02-772e-4184-813f-3edbb2e94651|Morguard Corporation;GTSet|#08f799fb-3b4e-446d-9e79-1b6ddfdd40a2;GP0|#3e31cf64-7302-4306-b3fd-abaa24a28863;L0|#03e31cf64-7302-4306-b3fd-abaa24a28863|Property Management | 2018-05-18T04:00:00Z | <p>Morguard is proud to announce that 400 St. Mary in Winnipeg, MB, has won BOMA Manitoba's 2018 Earth Award in the Office Building category. The award recognizes excellence in environmentally sound commercial building management and is awarded to the highest scoring BOMA BEST® certified office building in Manitoba over the past 12 months. The award was presented at the annual BOMA Manitoba Award of Excellence luncheon.</p><p>400 St. Mary is an 11-storey, 137,000 square foot office building prominently located in downtown Winnipeg. The property is co-owned by the Alberta Teacher's Retirement Fund ("ATRF") and Morguard Corporation, and is managed by Morguard. </p><p>"By integrating the principles of sustainability into our property management platform, we are not only creating better places for people to work and live, we are aligning with Responsible Property Investing ("RPI") requirements that are so important to institutional clients like ATRF," said Tom Johnston, Vice President Office & Industrial Property Management West at Morguard. "We're delighted to win this award, which is a recognition of the combined sustainability efforts of our team, our partners and our tenants at 400 St. Mary."</p><p>Morguard's Chris Weitzel was also named Building Operator of the Year for his stellar work at 400 St. Mary. Chris received the award for creating a safe, sustainable and positive environment for staff, tenants and visitors by leading operations at the property including inspection, maintenance and safety procedures. </p><p>400 St. Mary was recently certified as BOMA Gold as a result of the property's ongoing and continually improving sustainability program. In 2017, the property: </p><ul style="list-style-type:disc;"><li>Replaced all T8 lighting with LED lighting </li><li>Refurbished the cooling tower to lower water consumption and improve thermal performance</li><li>Changed water faucets and flushometers to improve performance</li><li>Insulated hot water pipes in the parkade to reduce heating requirements </li></ul><p><a href="/_layouts/15/FIXUPREDIRECT.ASPX?WebId=34df4250-cd2c-4a77-ac2f-305ac61b278e&TermSetId=5078c29a-2b54-4c64-bee4-5ba49b00096c&TermId=6bd0d196-a159-42ea-936e-5b43d9973e0a"><span lang="EN" style="text-decoration:underline;">Sustainable Morguard</span></a>, the Company's in-house sustainability program, aims to reduce the environmental footprint of Morguard properties, improve health and safety, and enhance tenant satisfaction. Morguard currently manages over 60 properties certified under the BOMA BEST environmental performance criteria.<br></p><p><img src="/PublishingImages/News_Knowledge/Posts/Morguard’s-400-St.Mary-Wins-BOMA-Manitoba-Earth-Award-for-Excellence-in-Sustainable-Real-Estate-Management.jpg" alt="" style="margin:5px;" /><br></p> | https://www.morguard.com/news-knowledge/posts/400-st-mary-wins-boma-manitoba-earth-award | | |
| Morguard North American Residential REIT Declares May 2018 Distribution of $0.0550 per Unit | GP0|#f6ee19df-6c3a-4081-bd74-668207df6964;L0|#0f6ee19df-6c3a-4081-bd74-668207df6964|Morguard;GTSet|#bbd2a0ca-f457-44e3-b106-3c8139b9e1fa | GP0|#a9eac8ae-d456-40d5-af28-dc36ae543995;L0|#0a9eac8ae-d456-40d5-af28-dc36ae543995|Morguard North American Residential REIT;GTSet|#08f799fb-3b4e-446d-9e79-1b6ddfdd40a2;GP0|#50f77e71-a149-46fd-90c2-9f738ea9df00;L0|#050f77e71-a149-46fd-90c2-9f738ea9df00|Real Estate Investment | 2018-05-15T04:00:00Z | <font color="#000000" face="Times New Roman" size="3">
</font><p>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 May 2018. The distribution will be payable on June 15, 2018 to
unitholders of record as at May 31, 2018.</p><font color="#000000" face="Times New Roman" size="3">
</font><p><strong>About Morguard North
American Residential REIT</strong></p><font color="#000000" face="Times New Roman" size="3">
</font><p>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.</p><font color="#000000" face="Times New Roman" size="3">
</font><p>For more information, please
visit Morguard.com.</p><font color="#000000" face="Times New Roman" size="3">
</font><font color="#000000" face="Times New Roman" size="3">
</font><p><img src="https://rt.newswire.ca/rt.gif?NewsItemId=C6282&Transmission_Id=201805151000CANADANWCANADAPR_C6282&DateId=20180515" alt="" style="border-width:0px;margin:5px;width:1px;" /></p><font color="#000000" face="Times New Roman" size="3">
</font><p>For further information:
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</p><font color="#000000" face="Times New Roman" size="3">
</font> | https://www.morguard.com/news-knowledge/posts/morguard-narreit-may2018-distribution | | |
| Morguard Real Estate Investment Trust Declares May 2018 Distribution of 8 Cents per Unit | GP0|#f6ee19df-6c3a-4081-bd74-668207df6964;L0|#0f6ee19df-6c3a-4081-bd74-668207df6964|Morguard;GTSet|#bbd2a0ca-f457-44e3-b106-3c8139b9e1fa | GP0|#ca7174ac-6e4b-4ce1-b570-12f3c9be8efe;L0|#0ca7174ac-6e4b-4ce1-b570-12f3c9be8efe|Morguard REIT;GTSet|#08f799fb-3b4e-446d-9e79-1b6ddfdd40a2;GP0|#50f77e71-a149-46fd-90c2-9f738ea9df00;L0|#050f77e71-a149-46fd-90c2-9f738ea9df00|Real Estate Investment | 2018-05-15T04:00:00Z | <font color="#000000" face="Times New Roman" size="3">
</font><p>Morguard Real Estate Investment
Trust (the "Trust") (TSX: MRT.UN) today announced that it has
declared a distribution of 8 cents per unit for the month of May 2018. The
distribution will be payable on June 15, 2018 to unitholders of record as at
May 31, 2018.</p><font color="#000000" face="Times New Roman" size="3">
</font><p><strong>About Morguard Real Estate
Investment Trust</strong></p><font color="#000000" face="Times New Roman" size="3">
</font><p>The Trust is a closed-end real
estate investment trust, which owns a diversified portfolio of 49 high quality
retail, office and industrial income producing properties in Canada consisting
of approximately 8.6 million square feet of leaseable space.</p><font color="#000000" face="Times New Roman" size="3">
</font><p>For more information, please
visit <a href="/" target="_blank">Morguard.com</a>.</p><font color="#000000" face="Times New Roman" size="3">
</font><font color="#000000" face="Times New Roman" size="3">
</font><p><img src="https://rt.newswire.ca/rt.gif?NewsItemId=C7356&Transmission_Id=201805151100CANADANWCANADAPR_C7356&DateId=20180515" border="0" alt="" style="border-width:0px;margin:5px;width:1px;" /></p><font color="#000000" face="Times New Roman" size="3">
</font><p>For further information:
Morguard Real Estate Investment Trust: K. Rai Sahi, President and Chief
Executive Officer, T 905-281-4800; Pamela McLean, Vice President and Chief
Financial Officer, T 905-281-4800</p><font color="#000000" face="Times New Roman" size="3">
</font> | https://www.morguard.com/news-knowledge/posts/morguard-reit-may2018-distribution | | |
| Morguard Announces Completion of $200 Million Offering of 4.085% Series D Senior Unsecured Debentures | GP0|#f6ee19df-6c3a-4081-bd74-668207df6964;L0|#0f6ee19df-6c3a-4081-bd74-668207df6964|Morguard;GTSet|#bbd2a0ca-f457-44e3-b106-3c8139b9e1fa | GP0|#14ddfd02-772e-4184-813f-3edbb2e94651;L0|#014ddfd02-772e-4184-813f-3edbb2e94651|Morguard Corporation;GTSet|#08f799fb-3b4e-446d-9e79-1b6ddfdd40a2;GP0|#50f77e71-a149-46fd-90c2-9f738ea9df00;L0|#050f77e71-a149-46fd-90c2-9f738ea9df00|Real Estate Investment | 2018-05-14T04:00:00Z | <font color="#000000" face="Times New Roman" size="3">
</font><p>Morguard Corporation
("Morguard") (TSX: MRC) announced today that it has completed
its previously announced issuance of $200 million aggregate principal amount of
series D senior unsecured debentures. These debentures bear interest at a rate
of 4.085% per annum and will mature on May 14, 2021. The debentures were
offered on an agency basis by a syndicate of agents co-led by RBC Capital
Markets and TD Securities Inc., with RBC Capital Markets acting as bookrunner.
DBRS Limited has provided a rating of "BBB (low)" with a "Stable"
trend relating to the debentures.</p><font color="#000000" face="Times New Roman" size="3">
</font><p>The net proceeds of the
offering will be used for the repayment of indebtedness under operating lines
of credit and for general corporate purposes.</p><font color="#000000" face="Times New Roman" size="3">
</font><p>The offering was made pursuant
to a prospectus supplement dated May 10, 2018 to Morguard's base shelf
prospectus dated November 23, 2017.</p><font color="#000000" face="Times New Roman" size="3">
</font><p>The debentures offered have not
been registered under the U.S. Securities Act of 1933, as amended, and may not
be offered or sold in the United States absent registration or an applicable
exemption from the registration requirements. This press release shall not
constitute an offer to sell or the solicitation of an offer to buy nor shall
there be any sale of the debentures in any jurisdiction in which such offer,
solicitation or sale would be unlawful.</p><font color="#000000" face="Times New Roman" size="3">
</font><p><strong>About Morguard Corporation</strong></p><font color="#000000" face="Times New Roman" size="3">
</font><p>Morguard Corporation is a real
estate company, with total assets owned and under management valued at $21.3
billion. Morguard owns a diversified portfolio of 210 multi-suite
residential, retail, office, industrial and hotel properties comprised of
18,129 residential suites, approximately 16.6 million square feet of commercial
leasable space and 5,557 hotel rooms. Morguard also currently owns a 56.0%
interest in Morguard Real Estate Investment Trust, a 46.9% effective interest in
Morguard North American Residential Real Estate Investment Trust and a 58.3%
effective interest in Temple Hotels Inc. Morguard also provides advisory and
management services to institutional and other investors. For more information,
visit Morguard's website at <a href="/" target="_blank">www.morguard.com</a>.</p><font color="#000000" face="Times New Roman" size="3">
</font><p><strong>Forward-looking information</strong></p><font color="#000000" face="Times New Roman" size="3">
</font><p>This news release contains
forward-looking statements relating to Morguard's operations and the
environment in which it operates, which are based on Morguard's expectations,
estimates, forecasts and projections. These statements are not guarantees of
future performance and involve risks and uncertainties that are difficult to
control or predict. Therefore, actual outcomes and results may differ materially
from those expressed in these forward-looking statements. Readers, therefore,
should not place undue reliance on any such forward-looking statements.
Further, a forward-looking statement speaks only as of the date on which such
statement is made. Morguard undertakes no obligation to publicly update any
such statement, to reflect new information or the occurrence of future events
or circumstances, except as required by law.</p><font color="#000000" face="Times New Roman" size="3">
</font><p>For more information, visit
Morguard.com</p><font color="#000000" face="Times New Roman" size="3">
</font><font color="#000000" face="Times New Roman" size="3">
</font><font color="#000000" face="Times New Roman" size="3">
</font><p>For further information:
Morguard Corporation, K. Rai Sahi, Chairman and CEO, T 905-281-3800; Paul
Miatello, Chief Financial Officer, T 905-281-3800</p><font color="#000000" face="Times New Roman" size="3">
</font> | https://www.morguard.com/news-knowledge/posts/morguard-announces-completion-200m-offering-seriesd | | |
