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Press release from CNW Group

Morguard REIT Declares November 2011 Distribution of 7.5 Cents per Unit

Tuesday, November 15, 2011

Morguard REIT Declares November 2011 Distribution of 7.5 Cents per Unit16:00 EST Tuesday, November 15, 2011MISSISSAUGA, ON, Nov. 15, 2011 /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 November 2011. The distribution will be payable on December 15, 2011 to unitholders of record as at November 30, 2011.Morguard REIT is a closed-end real estate investment trust, which owns a diversified portfolio of 51 high quality retail, office and mixed-use properties in Canada with an approximate value of $2.0 billion and comprising approximately 8.3 million square feet of leaseable space.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: 905 281-4800 F: 905-281-4818 Email: rsahi@morguard.com Website: www.morguardreit.com