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Press release from CNW Group

Morguard REIT declares January 2012 distribution of 7.5 cents per unit

Friday, January 13, 2012

Morguard REIT declares January 2012 distribution of 7.5 cents per unit16:00 EST Friday, January 13, 2012MISSISSAUGA, ON, Jan. 13, 2012 /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 January 2012. The distribution will be payable on February 15, 2012 to unitholders of record as at January 31, 2012.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