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Morguard Real Estate Investment Trust Announces 2021 First Quarter Results News provided by Share this article Share this article MISSISSAUGA, ON, April 28, 2021 /CNW/ - Morguard Real Estate Investment Trust ( the Trust ) (TSX: MRT.UN) today is pleased to announce its 2021 First Quarter Results. These results have been prepared in accordance with International Financial Reporting Standards ( IFRS ). Three Months Ended March 31, In thousands of dollars, except per-unit amounts 2021 $60,970 (14,449) Net income/(loss) – basic $0.23 $0.23 CONSOLIDATED OPERATING HIGHLIGHTS FOR THE THREE MONTH PERIOD ENDED MARCH 31, 2021 Revenue from real estate properties includes contracted rent from tenants along with recoveries of property expenses (including property taxes). The following is an analysis of revenue from real estate properties by segment:

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