/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED
STATES/
WINNIPEG, MB, Dec. 31,
2023 /CNW/ - Marwest Apartment Real Estate Investment
Trust ("Marwest Apartment REIT" or the "REIT") (TSXV:
MAR.UN) announces the issuance of 13,976 deferred units of the REIT
("Deferred Units") to certain of its trustees for the period
October 1, 2023 through December 31, 2023, in the aggregate amount of
$15,373.60, effective today, in
accordance with REIT's equity incentive plan adopted effective
April 30, 2021, as amended, and the
REIT's policy regarding the automatic settlement of trustee
compensation in Deferred Units.
About Marwest Apartment
REIT
The REIT is an unincorporated open-ended trust governed by the
laws of the Province of Manitoba.
The REIT was formed to provide holders of trust units of the REIT
with the opportunity to invest in the Canadian multi-family rental
sector through the ownership of high-quality income-producing
properties, with an initial focus on stable markets throughout
Western Canada.
Neither the TSXV nor its Regulation Services Provider (as that
term is defined in the policies of the TSXV) accepts responsibility
for the adequacy or accuracy of this news release.
SOURCE Marwest Apartment Real Estate Investment Trust