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Morguard Real Estate Investment Trust Declares March 2017 Distribution of 8 Cents per Unit

Morguard 3/15/2017

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 March 2017.  The distribution will be payable on April 13, 2017 to unitholders of record as at March 31, 2017.

About Morguard Real Estate Investment Trust

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 8.7 million square feet of leaseable space.

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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

Morguard REIT; Real Estate Investment